Shelby Manufacturing Company purchased three machines during the year:

Each machine is expected to last six years and have no residual value.The company's fiscal year corresponds to the calendar year.Using the straight-line method,compute the depreciation charge for each machine for the year.Round amounts to the nearest dollar.

Question

Shelby Manufacturing Company purchased three machines during the year:
  
Each machine is expected to last six years and have no residual value.The company's fiscal year corresponds to the calendar year.Using the straight-line method,compute the depreciation charge for each machine for the year.Round amounts to the nearest dollar.

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The Answer of Shelby Manufacturing Company purchased three machines during the year:
  
Each machine is expected to last six years and have no residual value.The company's fiscal year corresponds to the calendar year.Using the straight-line method,compute the depreciation charge for each machine for the year.Round amounts to the nearest dollar.

Shelby Manufacturing Company Purchased Three Machines During the Year