(Answered) On january 1 2016 godwin company purchased a production

Accounting

On January 1, 2016, Godwin Company purchased a production machine for $32,000. The machine was estimated to have a 5-year useful life and its salvage value was estimated at $2,000. Godwin Company uses the straight-line depreciation method. What is the amount of depreciation expense for 2017 and the accumulated depreciation at the end of 2017?

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