Question: A machine with a 5-year life has a first cost of $20,000 and a $2000 salvage value . Its annual operating cost is $8000 per

A machine with a 5-year life has a first cost of $20,000 and a $2000 . Its annual operating cost is $8000 per year. According to the classical straight line method, the depreciation charge in year 2 is nearest to:
(a) $2800
(b) $3600
(c) $4500
(d) $5300

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