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n 31 Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining

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n 31 Solar Products purchased a computer for $13,000 on July 1, 2015. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $1,000. Depreciation for 2015 is ed out of Select one: a. 4,875 ag question b. 3,250 C. 3,000 d. 6,500 32 Holcomb Corporation owns machinery with a book value of $190,000. The machinery's fair value less costs to sell is $175,000, and its value-in-use is $200,000. Holcomb should recognize a loss on impairment of ed out of ng question Select one: a $25,000 b. $15,000. c. $-0- d. $10,000

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