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The company uses the sum-of-the-years-digits method of

Question - BC Inc purchased a machine on January 1, 2015, for $111,433. At the time of purchase, the machine was estimated to have a life of seven years and a residual value of $37,750. The company uses the sum-of-the-years'-digits method of depreciation. How much depreciation expense should the company claim for year 2017?

a. None of these

b. $13,157.68

c. $15,789.21

d. $18,420.75

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Accounting Basics: The company uses the sum-of-the-years-digits method of

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