Business, 02.07.2020 18:01 adrianwoods1507
Machinery was purchased for $340000 on January 1, 2022. Freight charges amounted to $12000 and there was a cost of $30000 for building a foundation and installing the machinery. It is estimated that the machinery will have a $45000 salvage value at the end of its 4-year useful life. What is the amount of accumulated depreciation at December 31, 2023 if the straight-line method of depreciation is used
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