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Concord Corporation purchased a machine for $65300 on July 1, 2017. The company intends to depreciate it over 8 years using the double-declining balance method.

Concord Corporation purchased a machine for $65300 on July 1, 2017. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5200. Depreciation for 2017 is:

$8163

$32650

$14257

$15025

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