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On January 2, 2020, a machine was purchased for $180,000. It has an estimated useful life of ten years and an estimated residual value of

On January 2, 2020, a machine was purchased for $180,000. It has an estimated useful life of ten years and an estimated residual value of $14,000.

Calculate the depreciation for 2021, using the doubledecliningbalance method.

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