Calculate depreciation for year six

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Pie Industries purchased a machine for $42 000 and is depreciating it with a straight-line method over a useful life of 10 years. At the beginning of the 6th year, a major overhaul was made costing $5 000, and the total estimated useful life was extended to 13 years.

Problem 1: Calculate depreciation for year 6.

Reference no: EM132823846

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