Vermont Industries, a clothing mail-order retailer, purchased a new industrial sewing machine for $156,000. This machine is expected to operate for 5 years after which it will be sold for salvage value estimated to be $9,000.     What is the yearly depreciation expense under the straight-line method? X = ($156,000.00 -$9,000.000) / 5         X = $29,400.00

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