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On January 1, 2022, Betty DeRose, Inc. purchased a piece of machinery for $224,000. The machine had an estimated useful life of eight years and

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On January 1, 2022, Betty DeRose, Inc. purchased a piece of machinery for $224,000. The machine had an estimated useful life of eight years and a residual value of $6,000. Assume Betty DeRose depreciates its assets using the double- declining balance method of depreciation. Calculate the amount of accumulated depreciation related to the machine that would appear in Betty's December 31, 2025 balance sheet

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