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  3. a company purchased a $350000 machine that falls i

A company purchased a $350000 machine that falls into Class 39 with a 20% depreciation...

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Accounting

A company purchased a $350000 machine that falls into Class 39 with a 20% depreciation rate. The machine is used for 4 years and then sold.

Calculate the depreciation expense in year 2

PLEASE EXPLAIN WITH FULL SOLUTIONS AND EXPLANATIONS!!

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