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Mohr company purchases a machine at the beginning of the year at a cost of $31,000. The machine is depreciated using the double declining balance
Mohr company purchases a machine at the beginning of the year at a cost of $31,000. The machine is depreciated using the double declining balance method. The machines useful life is estimated to be five years with a $4000 salvage value. what is the depreciation expense in year two.
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