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Depreciation Calculations On January 1, 2017, MAC Corporation purchased a machine for $60,000. The machine cost $800 deliver and $2,000 to install. At the end

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Depreciation Calculations On January 1, 2017, MAC Corporation purchased a machine for $60,000. The machine cost $800 deliver and $2,000 to install. At the end of 10 years, MAC expects to sell the machine for $2,000 Compute depreciation expense for 2017 and 2018 using the following methods: 1. Double-declining-balance 150% declining-balance 2

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