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Lavery Company purchased a machine that was installed and placed in service on July 1, Year 1 at a cost of $240,000. Salvage value was

Lavery Company purchased a machine that was installed and placed in service on July 1, Year 1 at a cost of $240,000. Salvage value was estimated at $40,000. The machine is being depreciated over 10 years by the double-declining balance method.
For the year ended December 31, Year 2, what amount should Lavery report as depreciation expense?

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