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Flounder company purchased machinery on January 1, 2017, for 85600. The machinery is estimated to have a salvage value of 8560 after useful life of

Flounder company purchased machinery on January 1, 2017, for 85600. The machinery is estimated to have a salvage value of 8560 after useful life of 8 years. Compute 2017 depreciation expense using double declining balance method

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