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A CNC machine costs $260,000. A facility purchases one and plans to use it for 12 years, at which point it will have a salvage

A CNC machine costs $260,000. A facility purchases one and plans to use it for 12 years, at which point it will have a salvage value of $43,000. What are the depreciation allowance and book value after 7 years of use using declining balance depreciation? Depreciation allowance $ Book value

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