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Machinery was purchased on January 1, 2010 for $1,000. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000.

Machinery was purchased on January 1, 2010 for $1,000. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Double-declining balance depreciation for son would be a. $10, 500 b. $10, 929 c. $6,000 d. $10, 408

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