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MULTIPLE CHOICE. Choose the one alternative that best completes the state ment or answers the question. 1) Archie Co. purchased a framing machine for $45,000
MULTIPLE CHOICE. Choose the one alternative that best completes the state ment or answers the question. 1) Archie Co. purchased a framing machine for $45,000 on January 1, 2018. The is expected to have a four-year life, with a residual value of $5,000 at the end of four years. sing the double-declining balance method, depreciation for 2019 and book valueat December 31, 2019, would be: A) $11,250 and $11,250. C) $10,000 and $10,000. B) $11,250 and $6,250. D) $10,000 and $5,000
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