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On January 1, 2022, Crane Corp. purchased a new machine for $351000. The new machine has an estimated useful life of 5 years and the

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On January 1, 2022, Crane Corp. purchased a new machine for $351000. The new machine has an estimated useful life of 5 years and the residual value was estimated to be $36000. Depreciation was calculated using the double-declining-balance method. To the nearest dollar, what amount should be shown in Crane's balance sheet at December 31, 2023, net of accumulated depreciation, for this machine

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