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A company paid $100k for a new machine $5k for shipping $5k for installation estimated salvage value $20k economic life 6 years What is the
A company paid $100k for a new machine
$5k for shipping
$5k for installation
estimated salvage value $20k
economic life 6 years
What is the difference between straight-line depreciation and double-declining balance depreciation in the second year of the asset's life?
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