The following machines were purchased during 20xx:
Machine A for $6,000 on April 5
Machine B for $4,000 on August 24
Machine C for $5,000 on November 10
Assuming that each machine has an estimated useful life of six years and a 10 percent residual value,calculate total depreciation expense for 20xx (assume that the company depreciates the asset on straight-line basis,reports on a calendar-year basis and round to the nearest month).
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