Question: Multiple Choice Question 108 On January 1, a machine with a useful life of 4 years and a salvage value of $13000 was purchased for

Multiple Choice Question 108

On January 1, a machine with a useful life of 4 years and a salvage value of $13000 was purchased for $77000. What is the depreciation expense for year 2 under straight-line depreciation?

$32000.

$38500.

$19250.

$16000.

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