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A machine costing $210,000 with aneight-year life and an estimated $20,000 salvage value is installed in Calhoon Company's factory on February 1. The factory manager estimates the machine will produce 475,000 units of product during its life.
It produces the following units:
year 1, 12140;
year 2, 12240;
year 3, 11960; and
year 4, 11820.
Required
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