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On January 201. Duke Corp purchased a machine that cost $34,000. The machine had an expected useful life of 5 years and a $4.000 salvage

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On January 201. Duke Corp purchased a machine that cost $34,000. The machine had an expected useful life of 5 years and a $4.000 salvage value. Based on this information alone, which of the following is true? None of these answers are true. The amount of depreciation expense recognized in 204 would be greater if Duke depreciates the asset under the straight-linetnethod than if the double declining balance method is used. The total amount of depreciation expense recognized over the five year useful life will be greater under the double decline balunce method than the straight-line method. At the end of 202, the amount in the accumulated depreciation account will be less if the double declining balance method is used than it would be if the straight-line method is used

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