Question: the question On September 1, a machine was purchased for $47,000 with a useful life of eight years and a residual value of $3,000. What

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On September 1, a machine was purchased for $47,000 with a useful life of eight years and a residual value of $3,000. What is the depreciation expense in the year of purchase under the straight-line method, assuming a December 31 year-end? O a. $3,917 O b. $3,667 O c. $1,958 O d. $1,833

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