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Seneca Valley owns a machine that it purchased on Jan 1, 2019 for $600,000. The machine had an estimated useful life of 5 years and an estimated residual value of $100,000. The company uses the declining balance method with a rate of 40%. The machine was sold on December 31, 2021 for $140,000. What was the depreciation expense for 2019?
Constructive Criticism
Feedback provided in a positive and supportive manner intended to help improve an individual's performance or behavior.
Information Overload
Exposure to an overwhelming amount of information.
Electronic Communication
The transmission of information using electronic means such as email, text messages, and social media.
Text Message
A form of electronic communication where short messages are sent over cellular networks between mobile devices.
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