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Martin Company purchases a machine at the beginning of the yeor at a cost of $110,000. The machine is depreciated using the doublo-declining bolance method.

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Martin Company purchases a machine at the beginning of the yeor at a cost of $110,000. The machine is depreciated using the doublo-declining bolance method. The machine's useful ife is estimated to be 4 years with a $9,00 salvage value. Depreciation expense in yoar 4 is: Muriple choice 555,000 54,550 \$0.300. 56.875 575475

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