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A machine costing $64,375 with a 5-year life and $3,900 residual value was purchased January 2. Compute depreciation for each of the five years, using
A machine costing $64,375 with a 5-year life and $3,900 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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