Question: On April 1 , 2 0 1 3 , Verlin Co . purchased new machinery for $ 2 4 0 , 0 0 0 .

On April 1,2013, Verlin Co. purchased new machinery for $240,000. Themachinery has an estimated useful life of five years, and depreciation is computedby the sum-of-the-years'-digits method. The accumulated depreciation on thismachinery at March 31,2015, should be

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