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A machine costing $82,500 with a 5-year life and $5,000 residual value was purchased January 2. Compute depreciation for each of the five years, using

A machine costing $82,500 with a 5-year life and $5,000 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.

Year 1 33,000
Year 2 19,800
Year 3 11,880
Year 4 $7,128
Year 5 ?????

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