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A machine costing $35,000 with a 5-year life and $2,100 residual value was purchased January 2. Compute depreciation for each of the five years, using

A machine costing $35,000 with a 5-year life and $2,100 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-dechinting balance method Year Depreciation Year 1 Year 2 5 Year 3 5 Year 4 Years

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