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  • 06-06-2023
  • Business
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On February 1st, 2017 Barbosa Company bought a machine for $400,000. The machine had a salvage value of $25,000 and a useful life of 10 years. Barbosa Company's fiscal year runs from January 1st-December 31st. During fiscal 2017 straight-line depreciation expense was: $40,000 $36,667 $37,500 $34,375

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