Solution-What the machine accumulated depreciation

What the machine accumulated depreciation

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Question - Sarah has just purchased a new machine which she expects to use for 4,000 hours over the next five years. The machine cost $42,000 and is expected to have a salvage value of $2,000 at the end of its useful life. Sarah used the machine for 600 hours in the first year. Assuming she uses the straight-line method, what the machine's accumulated depreciation at the start of year 2?

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What the machine accumulated depreciation

Reference no: EM132948129

Reference no: EM132948129

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