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A CNC machine costs $ 2 6 0 , 0 0 0 . A facility purchases one and plans to use it for 8 years,
A CNC machine costs $ A facility purchases one and plans to use it for years, at which point it will have a salvage value of $ What are the depreciation allowance and book value after years of use using declining balance depreciation?
Depreciation allowance:
Book value:
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
4th edition
78129052, 978-0078129056
