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Compute the depreciation each year of a machine that costs $62,000 to purchase and $3,500 to install with 10 years of life. Use DDB method
Compute the depreciation each year of a machine that costs $62,000 to purchase and $3,500 to install with 10 years of life. Use DDB method switching to straight line depreciation when appropriate. Assume a salvage value of $0. How much should be depreciated in year 10?
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