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What the depreciation expense of the machine to be recorded

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Question - A company depreciates long-lived assets using the straight-line depreciation method. The company purchased a machine on January 1, 2020 for $10,000. The machine was expected to have 5 years of useful life and a salvage value of $2,000. What the depreciation expense of the machine to be recorded on December 31, 2020?

a. $4,000

b. $1,600

c. $0

d. $2,000

Reference no: EM133096780

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