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The Dunder Paper Corporation acquired a machine on January 1,2021 , for $65,000. The machine has a useful life of four years and an estimated

image text in transcribed The Dunder Paper Corporation acquired a machine on January 1,2021 , for $65,000. The machine has a useful life of four years and an estimated residual value of $10,000. The company uses single diminishing-balance depreciation. What is the depreciation expense for Indigo Paper for 2022? $12,812$13,750$16,250$12,188

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