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Towson Technology presents you with the following depreciation schedule: Date Purchased Cost Accum. Depr. to Method 2023 2024 Depr. Description Salvage Life Machine D2 7/1/2020
Towson Technology presents you with the following depreciation schedule: Date Purchased Cost Accum. Depr. to Method 2023 2024 Depr. Description Salvage Life Machine D2 7/1/2020 $300,000 $30,000 10 DDB $161,760 ? Assuming that the company uses the half-year convention, what is Towson's 2024 depreciation expense for Machine D2? Group of answer choices a. $30,720 O b. $27,648 O c. $29,808 O d. $31,104
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