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DEPRECIATION CALCULATIONS DECLINING-BALANCE METHOD ABC Marketing recently purchased a ma- chine that cost $80,000. The machine is ex- pected to last 4 years and have

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DEPRECIATION CALCULATIONS DECLINING-BALANCE METHOD ABC Marketing recently purchased a ma- chine that cost $80,000. The machine is ex- pected to last 4 years and have a residual value of $6,000. Calculate the depreciation expense to be re- corded each year under the declining- balance method

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