elise products purchased a machine for 6 5 0 0 0 on july 1 , 2 0
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Question:
elise products purchased a machine for 6 5 0 0 0 on july 1 , 2 0 2 4 the company intends tro depreciate the machine voer 8 years using the double declining balance method the salvage value for the machine is 5 0 0 0 . how much depreciaiton expense would elise record on the december 3 1 , 2 0 2 4 financial statements? 1 6 2 5 0 , 8 1 2 5 , 3 2 5 0 0 , or 1 4 2 1 9