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On January 1, a machine with a useful life of 4 years and a residual value of $80000 was purchased for $560000. What is the

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On January 1, a machine with a useful life of 4 years and a residual value of $80000 was purchased for $560000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? $105000. $210000. $280000. O $140000

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