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On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and in

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--Correct Answer = Option 4: $ 6,000

A= 40000 + 1000 Cost $            41,000.00
B Residual Value $              5,000.00
C=A - B Depreciable base $            36,000.00
D Life [in years] 6
E=C/D Annual SLM depreciation $              6,000.00 Answer
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