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ABC Corporation purchased new machinery for $1,800,000 and residual value of $125,000. There is a 16-year useful life. Calculate depreciation double-declining. Note: Make sure to

ABC Corporation purchased new machinery for $1,800,000 and residual value of $125,000. There is a 16-year useful life. Calculate depreciation double-declining.

Note:

Make sure to include annual depreciation, cumulative depreciation, and Book Value for the end of each of the 16 years

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