(L01) Use the information for Lockard Company given in BE11-2. (a) Compute 2017 depreciation expense using the...

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(L01) Use the information for Lockard Company given in BE11-2.

(a) Compute 2017 depreciation expense using the double-declining-balance method.

(b) Compute 2017 depreciation expense using the double-declining-balance method, assuming the machinery was purchased on October 1, 2017.

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