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How much will be charged for depreciation expense for year

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Reference no: EM132671978

Problem 1: A machine purchased for $100,000. It is to be depreciated on a reducing-balance basis using a rate of 20%. How much will be charged for depreciation expense for year 2 of the machine's life?

Select one:

a. $12,800
b. $15,000
c. $16,000
d. $20,000
e. None of the above

Reference no: EM132671978

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