Question: A machine costing $ 5 7 , 3 7 6 with a 7 - year life and $ 5 3 , 0 4 3 depreciable

A machine costing $57,376 with a 7-year life and $53,043 depreciable cost was purchased January 1. Compute the yearly depreciation expense using straight-line depreciation. Round your answer to the nearest whole dollar.

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