An office machine was purchased for $9,000 cash on January 1 . The machine has a useful life of 3 years and a scrap or salvage value of $1,500 . The annual depreciation for this machine will be:

a. $1,500.
b. $3,000.
c. $2,500.
d. $2,000.
e. none of the above.


c

Business

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