Question: Eastern X-Ray purchased a new CT Machine. The machine cost $875,000 and had a salvage value of $25,000. The useful life of the machine was

Eastern X-Ray purchased a new CT Machine. The machine cost $875,000 and had a salvage value of $25,000. The useful life of the machine was 4 years and the company used the Straight Line Depreciation Method for tax purposes. What is the monthly tax depreciation amount for the CT machine? Group of answer choices $42,500 $25,000 $212,500 $17,708

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