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S Mohr Company purchases a machine at the beginning of the year at a cost of $36,000. The machine is depreciated using the straight-line method.

S Mohr Company purchases a machine at the beginning of the year at a cost of $36,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 8 years with a $5,000 salvage value. Depreciation expense in year 2 is: Multiple Choice $9,000. $31,000. $4,500. $3,875. $0.

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