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Bonita Industries purchased a machine for $66800 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method.

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Bonita Industries purchased a machine for $66800 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5100. Depreciation for 2021 to the closest dollar is $14613. $13000. $8350 $33400

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