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A machine with a cost of $35,000 has an estimated residual value of $1,000 and an estimated life of 5 years or 12,000 hours. After
A machine with a cost of $35,000 has an estimated residual value of $1,000 and an estimated life of 5 years or 12,000 hours. After year 1, what is the net book value of the machine? 21,000 12,600 14,000 11,600 A machine with a cost of $35,000 has an estimated residual value of $1,000 and an estimated life of 5 years or 12,000 hours. After year 2, what is the net book value of the machine? 26,600 O 11,600 14,600 12,600 Question 82 1 pts Equipment with a cost of $220,000 has an estimated residual value of $30,000 and an estimated life of 10 years or 19,000 hours. It is to be depreciated by the straight-line method. After year 3, what is the net book value of the equipment? O 36,000 163,000 184,000 O 57,000 Question 83 1 pts A machine with a cost of $35,000 has an estimated residual value of $1,000 and an estimated life of 5 years or 12,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? 14,000 8,400. 6,800 7,000
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