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On January 1, 2019, Major purchased a machine that had an estimated useful life of six years and $5,000 residual value. The depreciation on this

On January 1, 2019, Major purchased a machine that had an estimated useful life of six years and $5,000 residual value. The depreciation on this machine was $2,700 in 2020 using the 150%-declining -balance depreciation method. Required: Compute the cost of this machine

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