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Assume that Texas Industries acquires a new machine January 1, 2015 for s925.000. expects the machine to last for five (5) years and operate during

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Assume that Texas Industries acquires a new machine January 1, 2015 for s925.000. expects the machine to last for five (5) years and operate during that to 400,000 machine hours calculate time. The estimated residual value is s25.000 at end of life. Please depreciation for each of 2015 and 2016 under the following methods. Please show your calculations. A) Straight Line Method Calculations 120, ooo oso se 16 B) Double Declining Balance Method year

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