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Eagle Corporation Acquired a New Machine on January 2, 2013

Question 139

Multiple Choice

Eagle Corporation acquired a new machine on January 2, 2013 at a cost of $126,000. The machine has an expected 4 year life and a salvage value of $6,000.
-If Eagle uses the straight-line depreciation method,the depreciation expense in 2016 is


A) $16,000.
B) $24,000.
C) $30,000.
D) $40,000.

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