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On January 1, 2025, Betty DeRose, Inc. purchased a machine for $128,000. The machine had an estim ated useful life of eight years and a

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On January 1, 2025, Betty DeRose, Inc. purchased a machine for $128,000. The machine had an estim ated useful life of eight years and a residual value of $ 2,900 . Assume Betty DeRose depreciates its as sets using the double declining balance method of depreciati on. Calculate the amount of depreciation e xpense related to the machine that would appear in Betty's 2 029 income statement

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