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A machine costing $65,625 with a 5-year life and $3,900 residual value was purchased January 2. Compute depreciation for each of the five years,
A machine costing $65,625 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 Depreciation Year 1 Year 2 Year 3 Year 4 Year 5 G
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