Tesla Inc. acquired robotics equipment for $2,000,000 on April 1st, 2023. The equipment has an...
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Tesla Inc. acquired robotics equipment for $2,000,000 on April 1st, 2023. The equipment has an anticipated useful life of 8 years and no salvage value. Tesla Inc. follows the straight-line depreciation method. Calculate the depreciation expense for the period ending December 31st, 2023, considering the matching principle.
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