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What is depreciation expense using the straight line method

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Question - A company purchased a piece of equipment for $30,000 on May 1, 2019. Management estimates a salvage value of $4,500, a useful life of four years and estimated production output of 15,000 units. It produced 3,000 units in 2019. Where applicable, it applies the half-year rule. What is depreciation expense for 2020 using the straight line method (rounded to nearest dollar)?

Reference no: EM132522457

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