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Forester company purchased a machine on January 1st 2013 for $60,000 with a 5 year life and a $6,000 residual. If the company uses double

Forester company purchased a machine on January 1st 2013 for $60,000 with a 5 year life and a $6,000 residual. If the company uses double declining balance method of depreciation, compute the book value of the machine on December 31st 2015?

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