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Mohr Company purchases a machine at the beginning of the year ot a cost of $47,000. The machine is depreciated using the double-declining-balance method. The

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Mohr Company purchases a machine at the beginning of the year ot a cost of $47,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 5 years with a $7,000 salvage volue. The machine's book value at the end of year 2 is: Mohr Compony purchases a mochire at the beginning of the year at a cost of $43.000. The machine is depreciated using the straght-Hne method. The machine's usefut life is estimated to be. 5 years with a $7,000 salvoge walue. The book value of the machine at the end of year 2 is

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