Question: ABC purchased a machine on Jan 1, 2016 for $75927 with an estimated useful life of 22 years and no salvage value ABC uses the

ABC purchased a machine on Jan 1, 2016 for $75927 with an estimated useful life of 22 years and no salvage value ABC uses the straight line depreciation method On Jan 1, 2019 ABC estimates the machine will have a remaining useful life of 14 years The carrying value of the machine on 2019 is: Answer Depreciation expense for 2019 is: Answer

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