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Andy's Deli buys a new keilbasa machine for $25,000 on June 1,2023 . The machine has a useful life of 8 years and Andy's predicts

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Andy's Deli buys a new keilbasa machine for $25,000 on June 1,2023 . The machine has a useful life of 8 years and Andy's predicts it will be able to sell the machine after 8 years for $1,000. It uses the double declining depreciation method. What will be the balance in the accumulated depreciation account at the end of 2024 ? $4,750 $10,938 $8,984 $16,016

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