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Ultra Incorporated purchased a machine costing 580,000. Assuming a five year life and $5,000 salvage value. what is the annual depreciation expense using the straight

Ultra Incorporated purchased a machine costing 580,000. Assuming a five year life and $5,000 salvage value. what is the annual depreciation expense using the straight line method? O a. 522.500 O b. 515.000 O c. 516,000 d. $20,000

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