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[answered] Able Company bought a machine on January 1, 2008 for $80,00


Able Company bought a machine on January 1, 2008 for $80,000. At the time the machine was purchased it was estimated to have an 8-year useful life and a $4,000 salvage value. Able uses straight-line depreciation. During 2014, before the adjusting entry for depreciation was made, Able revised the estimated useful life of the machine to a total of ten years, with an estimated salvage value of $0. How much depreciation expense should the company report for the year ended December 31, 2014? Selected $3 Answer: $4,400 Answers: $5,000 GI $5,750 $4,400 $9,500 0 Question 15 0 out of 1.33333
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the correct answer is 5750 and i wanna know how to can I get it
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