Question: cci has the following information regarding a machine; placed in service Jan 1st 2017 cost. 200000 salvage value. 20000 life. 5 years 1. what is

cci has the following information regarding a machine; placed in service Jan 1st 2017

cost. 200000 salvage value. 20000 life. 5 years

1. what is the annual amount of depreciation expense cci records on this machine?

2.what is the correct amount of accumulated depreciation on the machine at 12/31/2018?

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