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A machine costing $56,875 with a 5 -year ife and $4,000 residual value was purchased January 2 , Compute depreciation for each of the 5

A machine costing $56,875 with a 5 -year ife and $4,000 residual value was purchased January 2 , Compute depreciation for each of the 5 years, using the double: declining-balance method

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