Business, 26.11.2019 02:31 tporter00

Ace company purchased a machine valued at $328,000 on august 1. the equipment has an estimated useful life of six years or 2.5 million units. the equipment is estimated to have a salvage value of $9,000. assuming the straight-line method of depreciation, what is the amount of depreciation expense that needs to be recorded at the end of the first year?
a. $53,167
b. $22,778
c. $22,153
d. $56,167
e. $54,667

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Ace company purchased a machine valued at $328,000 on august 1. the equipment has an estimated usefu...

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