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Martin Company purchases a machine at the beginning of the year at a cost of $130,000. The machine is depreciated using the double-declining-balance method. The

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Martin Company purchases a machine at the beginning of the year at a cost of $130,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 4 years with a $10,800 salvage value. Depreciation expense in year 4 is Multiple Choice $29,925 $8125 $65.000 $5450

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