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A CNC machine was purchased for $95,000. The estimated salvage value was $15,000 after 10 years. Use each of the following depreciation methods: a) straight

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A CNC machine was purchased for $95,000. The estimated salvage value was $15,000 after 10 years. Use each of the following depreciation methods: a) straight Line b) SOYD c) 10-year MACRS d) 150% Declining Balance To compute: I. The machine's book value after 3 years of depreciation. II. The gain/loss, if the machine is sold for $60,000 at the start of year4

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