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Your Corporation, a calendar-year company, acquired a new machine on January 1 of Year One. The machine has an estimated useful life of 10 years

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Your Corporation, a calendar-year company, acquired a new machine on January 1 of Year One. The machine has an estimated useful life of 10 years (or 900,000 units of product). The cost of the machine is $640,000 and the company spent $75,000 to get it operational. The machine has an expected salvage value of $60,000. Your Company produced 45,000 units in Year one and 35,000 units in Year 2 Calculate depreciation expense using units of production for Year 1. You may need to round your answer to find the right answer O $29,000 O 535,750 O $32,750 $32,000

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