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The cost of the machine is $300,000, machine installation cost of $15,000 and transportation cost of $5,000. It has four year life. At the end of four years, the firm expects to sell the machine for $35,000. The firm uses the straight line method of depreciation. What is the total cost of the machine? ___________ b. (1pt) Calculate the machine’s depreciation each year and the book value each year.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91783554

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