Trinitron, Inc purchased a new molding machine for $85,000. The company paid $8,000 for
shipping and another $7,000 to get the machine integrated with the company's existing assets.
Trinitron must maintain a supply of special lubricating oil just in case the machine breaks down.
The company purchased a supply of oil for $4,000. The machine is to be depreciated on a
straight-line basis over its expected useful life of 8 years. What will depreciation expense be during
the first year?
A) $12,500 B) $11,500 C) $13,000 D) $11,625
A
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