Business, 18.11.2020 17:30, Xavier8247

On January 1, a machine with a useful life of four years and a salvage value of $16000 was purchased for $80000. What is the depreciation expense for year 2 under straight-line depreciation?a. $80000.b. $20000. c. $40000. d. $44000.

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On January 1, a machine with a useful life of four years and a salvage value of $16000 was purchased...