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On Jan. 1, 2025, Mickey Products purchased equipment for $100835. The useful life of this machinery is estimated at 5 years with a $10910 residual

On Jan. 1, 2025, Mickey Products purchased equipment for $100835. The useful life of this machinery is estimated at 5 years with a $10910 residual value.

Calculate 2025 Depreciation expense under Double-declining-balance method.

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