Question: q2 Question 2 1 points Save Answer A company purchased machinery for $20,000 on June 1, 2019. The machinery has a useful life of 15

q2 Question 2 1 points Save Answer A company purchased machinery for

Question 2 1 points Save Answer A company purchased machinery for $20,000 on June 1, 2019. The machinery has a useful life of 15 years and an estimated salvage value of $2,000. What is depreciation expense for the year ended December 31, 2019, assuming that the straight-line method is used? $600 O $1,200 O $200 $700

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