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Wickland Company installs a manufacturing machine in its production facility at the beginning of the...

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Accounting

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $126,000. The machine's useful life is estimated to be 20 years, or 130,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 5,200 units of product. Determine the machines' second year depreciation under the straight-line method.

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