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6.Use the double-declining depreciation method to calculate the depreciation for the following scenario. Company XYZ bought a machine for $100,000. They plan on using the

6.Use the double-declining depreciation method to calculate the depreciation for the following scenario. Company XYZ bought a machine for $100,000. They plan on using the machine for five years and would like to sell the machine for $10,000 after the five years.

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