Leah inc. has machinery with a cost of 100000. the, Ask an Expert

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Leah, Inc. has machinery with a cost of $100,000. The machinery has an estimated useful life of 10 years, and an estimated salvage value of $10,000. The machinery is expected to be able to produce a total of 1,000,000 units during its estimated life.

What is the amount of deprecation expense in the second year under straight line depreciation?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9278154

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