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What is B depreciation expense

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Reference no: EM132944271

Question - B Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2021. The change affects machinery purchased at the beginning of 2019 at a cost of $88,500. The machinery has an estimated life of five years and an estimated residual value of $4,425. What is B's 2021 depreciation expense?

Reference no: EM132944271

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