A company purchased a machine for $140,000 with a useful life of 8 years and a residual value of $10,000. It is estimated that the machine could produce 80,000 units over its useful life. In the first year, 17,000 units were produced. In the second year 15,000 units were produced. What is the amount of accumulated depreciation at the end of the second year?
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Home » Business » A company purchased a machine for $140,000 with a useful life of 8 years and a residual value of $10,000. It is estimated that the machine could produce 80,000 units over its useful life. In the first year, 17,000 units were produced.