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Water Company Purchased a Bottling Machine on October 1, 2015

question 26

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Water Company purchased a bottling machine on October 1, 2015 for $250,000. The estimated useful life is 25 years and they are using straight-line depreciation. During 2017, they spent $46,000 on the machine to double its capacity and $5,000 on routine cleaning. What should the depreciation expense be at September 30, 2017? The company's year end is September 30.


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