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Business, 20.01.2020 19:31 corinnerodriguez2001

On january 1, 2013, sitton incorporated purchased a machine for $960,000. the machine had a 5-year useful life and $60,000 salvage value, and straight-line depreciation has been recorded. sitton sold the machine on may 1, 2017 at a gain of $18,000. how much was sitton paid for the machine?

a : $138,000.
b : $258,000.
c : $162,000.
d : $198,000

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