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How much will be depreciated during the first full year

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Question - A copy machine was purchased for $43,000. The machine is estimated to have a useful life of 5 years with a residual value of $5,000. How much will be depreciated during the first full year using the straight-line method of depreciation?

a. $38,000

b. $5,000

c. $7,600

d. $8,600

Reference no: EM133074567

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