(Answered) Problemforemost purchased a machine on 1114 for 200000

Accounting

Problem

Foremost purchased a machine on 1/1/14 for $200,000, estimated salvage value $20,000 and estimated service life of 6 years.

Required: If the depreciation expense for 2015 was $42,857; what depreciation method does Foremost use? Round all answers to the nearest whole dollar.

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