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A machine costing $55,000 with a five-year life and $3,300 residual value was purchased January 2. Compute depreciation for each of the five years, using

A machine costing $55,000 with a five-year life and $3,300 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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