Question: Question text A machine with a six-year life has a first cost of $20,000 and a $2,000 salvage value. Its annual operating cost is $8,000

Question text A machine with a six-year life has a first cost of $20,000 and a $2,000 salvage value. Its annual operating cost is $8,000 per year. According to the straight line method, the depreciation charge in year 3 is nearest to: Select one: a. less than 1500 c b. between 1500-1 c. between 1700-1900 700 d. greater than 1900
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