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On January 1, 2010, Copy Time Company purchased a copy machine. The machine costs $150,000, its estimated useful life is 8 years, and its expected

On January 1, 2010, Copy Time Company purchased a copy machine. The machine costs $150,000, its estimated useful life is 8 years, and its expected salvage value is $10,000. What is the depreciation expense for 2011 using the double-declining-balance method?

A.

$37,500

B.

$28,125

C.

$17,500

D.

$26,250

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