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Company A purchased a new machine for $54,000. This machine is expected to operate for 8 years, after which it will be sold for $2,000.
Company A purchased a new machine for $54,000. This machine is expected to operate for 8 years, after which it will be sold for $2,000. How much is the second years depreciation expense if the company uses the double-declining-balance method?
$10,125 | ||
$13,500 | ||
$6,500 | ||
$13,000 |
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