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A company purchases a new machine at the beginning of the year and has the following additional information: Cost 54,000 Salvage value 6,000 Useful Life
A company purchases a new machine at the beginning of the year and has the following additional information:
Cost 54,000
Salvage value 6,000
Useful Life 6 years
Productive life 240,000 units
If the company uses the double declining balance method of depreciation what would be the depreciation in year 2?
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