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Business, 15.11.2019 06:31 taniyawalker123
On january 1, a machine with a useful life of five years and a residual value of $5,000 was purchased for $25,000. what is the depreciation expense for year 2 under straight-line depreciation?
a. $5,000
b. $15,000
c. $4,000
d. $12,000
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