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Jim Company bought a machine for $44.800 with an estimated life of 6 years. The residual value of the machine is $6,400. Assume straight-line depreciation

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Jim Company bought a machine for $44.800 with an estimated life of 6 years. The residual value of the machine is $6,400. Assume straight-line depreciation a. Calculate the annual depreciation. Anual depreciation b. Calculate the book value at the end of year 3. Book

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