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A machine with a cost of $200,000 has an estimated residual…
A mаchine with а cоst оf $200,000 hаs an estimated residual value оf $20,000 and an estimated life of 5 years or 20,000 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 7,000 hours?
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