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Frey, Inc. purchased a machine for $450,000 on January 2, 2017. The machine has an estimated useful life of 4 years and a salvage value

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Frey, Inc. purchased a machine for $450,000 on January 2, 2017. The machine has an estimated useful life of 4 years and a salvage value of $50,000. The machine is being depreciated using the sum-of-the-years-digits method. The December 31, 2018 asset balance, net of accumulated depreciation, should be Select one: O a. $290,000 b. $270,000 O c. $170,000 O d. $90,000 O e. $120,000 Rye Co. purchased a machine with a four-year estimated useful life and an estimated 10% salvage value for $80,000 on January 1, 2012. In its income statement, what would Rye report as the depreciation expense for 2014 using the double-declining balance method? Select one: O a. $9,000 O b. $10,000 O c. $18,000 d. $20,000 O e. $40,000

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