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The school purchases a new piece of machinery at a cost of $25,000 straight-lined over 5 years for their warehouse on September 30, 2019 that
The school purchases a new piece of machinery at a cost of $25,000 straight-lined over 5 years for their warehouse on September 30, 2019 that includes salvage value of 5,000. What is the value of accumulated depreciation for the first 3 years: A) $ 9,000 B) $15,000 C)$ 4,000 D) $10,000 E) $11,000
A) $ 9,000
B) $15,000
C)$ 4,000
D) $10,000
E) $11,000
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