You purchased a molding machine at a cost of $84,000. It has an estimated useful life of

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You purchased a molding machine at a cost of $84,000. It has an estimated useful life of 12 years with a salvage value of $8,000. What is the 10 year depreciation for this machine computed by the straight line method?

		$5,894.00
		$3,018.00
		$6,667.00
		$7,073.00

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Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Mar 09, 2024 06:30 AM

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You purchased a molding machine at a cost of $84,000. It has an estimated useful life of

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Intermediate accounting

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