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On April 30. Yeer 1. Tilton Products purchased mechinery for $176,000. The usoful life of this machinery is estimated at 8 years, with an $16,000

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On April 30. Yeer 1. Tilton Products purchased mechinery for $176,000. The usoful life of this machinery is estimated at 8 years, with an \$16,000 residual value, Tition unew a calondar whi-end for financial feporting Awhame that in is financial statements, Tilton Products uses the 200%-declining-balance method and the halfyear comvention. Depreciation experse in Year 3 and Year 2 . will be: Mutiple cheice $44,000 in teer 1 and $33,000 in Y6ar2 $22.000 in Year 1 and 538,500 in Year 2 . 544.000 in Yent 1 and $38500 in Year 2. 522.000 in Yest 3 and 544,000 in Year 2 26

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