On January 1, 2016, your company purchases for $550,000 a machine with an estimated useful...
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Accounting
On January 1, 2016, your company purchases for $550,000 a machine with an estimated useful life of 10 years and a salvage value of $50,000. Using SYD depreciation, the 2018 depreciation expense is:
$72,727
$90,000
$81,818
$304,545
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