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What is ABCs depreciation expense

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Question - ABC Company switched from the double-declining-balance depreciation method to straight-line depreciation in 2019. The change affects machinery with an accumulated depreciation of 64,000. The machinery was purchased two years ago at a cost of 72,000. When purchased, it had an estimated life of five years and an estimated residual value of $6,000. What is ABC's 2019 depreciation expense?

Reference no: EM132875793

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