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Blossom Company purchased a new machine on October 1, 2025, at a cost of $92,100. The company estimated that the machine has a salvage
Blossom Company purchased a new machine on October 1, 2025, at a cost of $92,100. The company estimated that the machine has a salvage value of $7,260. The machine is expected to be used for 84,000 working hours during its 10- year life. (a) Compute depreciation using declining- balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, e.g 2,152.75.) Depreciation using the declining-balance me
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