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A machine costing $ 3 4 , 3 7 5 with a 5 - year life and $ 2 , 1 0 0 residual value

A machine costing $34,375 with a 5-year life and $2,100 residual value was purchased January 2. Compute depreciation for each of the 5 years, using the double-declining-balance method.
\table[[Year,Depreciation],[Year 1,$
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