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  • 21-11-2022
  • Business
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archie company purchased a framing machine for $58,000 on january 1, 2024. the machine is expected to have a four-year life, with a residual value of $6,000 at the end of four years. using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be:

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