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A machine costing $46,250 with a five year life and $2800 residual value was purchased January 2. Compute depreciation for each of the five years

A machine costing $46,250 with a five year life and $2800 residual value was purchased January 2. Compute depreciation for each of the five years using the double declining balance method.
year 1
year 2
year 3
year 4
year 5

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