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Mohr Company purchases a mochine at the beginning of the year at a cost of $36,000. The mochine is depreciated using the double-declining balance method.
Mohr Company purchases a mochine at the beginning of the year at a cost of $36,000. The mochine is depreciated using the double-declining balance method. The machine's useful lile is estimated to be 8 years with a $4,000 salvage value. Depreclation expense in year 2 ia: Mistipte Chicice 54,500 5+000 $9000 96350 Mohr Company purchasei a machine at the beginnag of the year ot a cost of 534.000 . The machine is depreciated uning the double. declining balance method The machine ir useful life is estameted to be 5 years with a 58,000 salvage volue. The machane's book walue at the end af year 2 is Mutiple Chece 515,600 $11600 $13600 $12,240
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