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Australia Company purchased a machine for USD 3,200 and incurred installation costs of USD 800. The estimated salvage value of the machine is USD 200.

Australia Company purchased a machine for USD 3,200 and incurred installation costs of USD 800. The estimated salvage value of the machine is USD 200. The machine has an estimated useful life of four years. Compute the annual depreciation charges for this machine under the double-declining-balance method.

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