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. Machinery was purchased on January 1 for ( $ 55,370.00 ). The machinery has an estimated life of seven years and an estimated salvage

. Machinery was purchased on January 1 for \( \$ 55,370.00 \). The machinery has an estimated life of seven years and an estimated salvage value of \( \$ 9,000 \). Double-declining-baiance depreciation 2 answers

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