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Brief Exercise 11-4 Riverbed Company purchased machinery on January 1, 2017, for $92,000. The machinery is estimated to have a salvage value of $9,200 after
Brief Exercise 11-4 Riverbed Company purchased machinery on January 1, 2017, for $92,000. The machinery is estimated to have a salvage value of $9,200 after a useful life of 8 years. Compute 2017 depreciation expense using the double-declining-balance method Depreciation expense LINK TO TEXT Compute 2017 depreciation expense using the double-declining-balance method, assuming the machinery was purchased on October 1, 2017. (Round answer to O decimal places, e.g. 5,125.) Depreciation expense Click if you would like to Show Work for this question: Open Show Work
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