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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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