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On January 1, 2012, Duplicating Company purchased a copy machine. The machine costs $300,000, its estimated useful life is 8 years, and its expected salvage

On January 1, 2012, Duplicating Company purchased a copy machine. The machine costs $300,000, its estimated useful life is 8 years, and its expected salvage value is $20,000. What is the depreciation expense for 2013 using double-declining-balance method?

a.$56,250

b.$35,000

c.$56,125

d.$47,500

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