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What is the annual depreciation expense using straight line

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Reference no: EM132861539

Question 1: Ultra Incorporated purchased a machine costing $80,000. Assuming a five year life and $5,000 salvage value, what is the annual depreciation expense using the straight line method?

a. $15,000
b. $20,000
c. $16,000
d. $22,500

Reference no: EM132861539

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