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Machinery was purchased on January 1, 2010 for $53,000. 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 $53,000. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Double declining balance depreciation for 2011 would be:
A. 10,816.33
B. 10,316.33
C. 11,816.33
D. 9,816.33
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
