Question: Question 18 On January 1, a machine with a useful life of 5 years and a salvage value of $30000 was purchased for $220000. What

Question 18 On January 1, a machine with a useful life of 5 years and a salvage value of $30000 was purchased for $220000. What is the depreciation expense for year 2 under straight-line depreciation? $105600 $38000 $26400 $132000

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