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Sneetch Inc. purchased a star-making machine on January 1, 2014. The cost of the machine was $36,500. Its estimated residual value was $8,500 at the

Sneetch Inc. purchased a star-making machine on January 1, 2014. The cost of the machine was $36,500. Its estimated residual value was $8,500 at the end of an estimated 10-year life. The company expects to produce a total of 10,000 units.

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