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A machine can be purchased for $281,000 and used for five years, yielding the following net incomes. In projecting net incomes, double-declining depreciation is applied
A machine can be purchased for $281,000 and used for five years, yielding the following net incomes. In projecting net incomes,
double-declining depreciation is applied using a five-year life and a zero salvage value.
year 1 - 11,000
year 2 - 30,000
year 3 - 66,000
year 4 - 56,500
year 5 - 135,000
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