Liohkaya Corp. purchased a muluzulu machine for $45,000 on January 1, 2018. The machine is...
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Accounting
Liohkaya Corp. purchased a muluzulu machine for $45,000 on January 1, 2018. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years. Using the sum-of-the years'-digits method, depreciation for 2019 and book value at December 31, 2019, would be:
Group of answer choices
$13,500 and $8,500.
$13,500 and $13,500.
$12,000 and $17,000.
$12,000 and $12,000.
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