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A machine which cost $950,000 is acquired on October 1, 2020. Its estimated salvage value is $95.000 and its expected life is 4 years (a1)

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A machine which cost $950,000 is acquired on October 1, 2020. Its estimated salvage value is $95.000 and its expected life is 4 years (a1) Calculate depreciation expense for 2020 and 2021 by double-declining balance. (Round answers to O decimal places, eg. 5,275.) 2020 2021 Depreciation expenses $

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