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A machine is purchased on April 1, Year 1 for $95,000. It has a salvage...

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Accounting

A machine is purchased on April 1, Year 1 for $95,000. It has a salvage value of $5,000 and a useful life of 5 years. It is expected to produce 1,800,000 units of product during its life. Use this information to answer the question below. if the machine is being depreciated on a straight line basis, what is the book value at 12/31/ year 3?

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