Feng company installs a computerized manufacturing machine

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Feng Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $87,400. The machine's useful life is estimated at 10 years, or 311,000 units of product, with a $12,400 salvage value. During its second year, the machine produces 29,800 units of product. Determine the machine's second-year depreciation under the straight-line method.

Reference no: EM13480263

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