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On January 1, 2015, Dunlop Company purchased a copy machine. The machine costs $600,000, its estimated useful life is 8 years, and its expected salvage

On January 1, 2015, Dunlop Company purchased a copy machine. The machine costs $600,000, its estimated useful life is 8 years, and its expected salvage value is $40,000. What is the depreciation expense for 2016 using double-declining-balance method? Group of answer choices $ 95,000 $150,000 $112,500 $ 70,000

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