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A diamond mining company has just purchased a new crystal extraction machine that cost $5000...

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Accounting

A diamond mining company has just purchased a new crystal extraction machine that cost $5000 and has an estimated salvage value of $1000 at the end of its 8-year useful life. What is its depreciation in Year 5 using the SOYD method? Question 19 options: a) $786 b) $655 c) $444 d) $859

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