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Jay corp bought a machine for $15,000. The machine is expected to produce 10,000 units. The machine has a residual value of $5,000.

Jay corp bought a machine for $15,000. The machine is expected to produce 10,000 units. The machine has a residual value of $5,000. Assuming the machine produces 400 units during year 1, what should the depreciation expense be?

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