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What is Paley's point when he claims that "It is not necessary that a machine be perfect, in order to show with what design it was made: still less necessary, where the only question is, whether it were made with any design at all"?
Depreciate
The structured allocation of a material asset's cost over its effective life.
Amortize
The process of spreading the cost of an intangible asset over its useful life or a debt over a specified period of time for accounting and tax purposes.
Deplete
Deplete means to use up or exhaust the supply or reserves of a natural resource, often associated with mining, oil extraction, and logging operations.
Cash Expenditures
Payments by cash or cash equivalents to acquire goods, services, or assets.
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