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Straight line method

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A depreciable asset with a three-year life has a first cost of $30,000 with a $6,000 salvage value. The machine's operating cost is $10,000 in year one, $12,000 in year two and $14,000 in year three. According to the straight line method, the depreciation charge in year 2 is closest to:?

a. $20,000

b. $22,000

c. $8,000

d. $10,000

Reference no: EM131049351

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