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Bulldog, Inc. purchases a machine on January 1, 2016 at a cost of $380,000. The machine will be depreciated over a 5-year useful life by

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Bulldog, Inc. purchases a machine on January 1, 2016 at a cost of $380,000. The machine will be depreciated over a 5-year useful life by using the straight-line method. The managers estimate that the machine will have a salvage value of $42,000 at the end of its useful life. What is the machine's carrying amount at December 31, 2018? O a. $244,800 O b. $177,200 O c. $159,800 d. $109,600 e. $67,600 QUESTION 13 Meridian Corporation purchases a machine on January 1, 2016 at a cost of $520,000. The machine will be depreciated over a 5-year useful life by using the double-declining balance method. The managers estimate that the machine will have a salvage value of $25,000 at the end of its useful life. What is the machine's carrying amount at December 31, 2019? O a. $187,200 b. $165,527 O c. $112,320 d. $67.392 Oe. $44,928

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