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On March 1 , 2 0 2 3 , Sandhill Ltd . purchased a machine for $ 7 8 , 0 0 0 by paying

On March 1,2023, Sandhill Ltd. purchased a machine for $78,000 by paying $17,000 down and issuing a note for the balance. The machine had an estimated useful life of nine years and an estimated residual value of $7,800. Sandhill Winds uses the straight-line method of depreciation and has a December 31 year end. On October 30,2025, the machine was sold for $67,000.Assume instead that the company used the double-diminishing-balance method to depreciate the cost of the machine:What amount of depreciation would be recorded in 2023 and 2024?(Hint: prorate the annual depreciation amounts.)

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