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Blossom Products purchased a machine for $67100 on July 1, 2025. The company intends to depreciate it over 8 years using the double-declining balance


 

Blossom Products purchased a machine for $67100 on July 1, 2025. The company intends to depreciate it over 8 years using the double-declining balance method. The salvage value is $5000. Depreciation expense for 2025 is

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