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Augusta Corp purchased a new piece of machinery on January 1, 2019 for $200,000. They estimate the machine will have a 4 year useful life
Augusta Corp purchased a new piece of machinery on January 1, 2019 for $200,000. They estimate the machine will have a 4 year useful life with a $10,000 salvage value. If Augusta uses the declining balance method of depreciation (also called double declining balance method), what will be Augusta's depreciation expense for 2019? O $95,000 $100,000 $50,000 O $47,500 Some other
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