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Crane Company purchased a new machine on October 1, 2025, at a cost of $116.100. The company estimated that the machine has a salvage
Crane Company purchased a new machine on October 1, 2025, at a cost of $116.100. The company estimated that the machine has a salvage value of $7,020. The machine is expected to be used for 108,000 working hours during its 10-year life. Compute depreciation using declining balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, eg 2.152.75) 2025 Depreciation using the declining-balance method $ eTextbook and Media eTextbook Video 2026 Assistance Used
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