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Flint Metal Shop purchased a stamping machine for $148,000. It is expected to have a useful life of eight years and a salvage value of

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"Flint Metal Shop purchased a stamping machine for $148,000. It is expected to have a useful life of eight years and a salvage value of $18,000. From the information given, show the book depreciation schedule under each of the following methods: (a) Straight-line; um-o (c) Declining balance, with switching to straight line, if required

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