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what is the amount of depreciation expense for year ended

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Problem - Epivac Trading purchased a machine for P60,000 on July 31, 2020. The company expects the useful life of the machine to be five years and no salvage value is expected. If the company uses the straight-line method to depreciate the machine, what is the amount of depreciation expense for the year ended December 31, 2020?

Reference no: EM132846442

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