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Piazza Co. purchased a machine on July 1, 2014, 800,000.the machine has an estimated useful life of five years and a salvage value of $160,000.The
Piazza Co. purchased a machine on July 1, 2014, 800,000.the machine has an estimated useful life of five years and a salvage value of $160,000.The machine is being depreciated from the date of acquisition by the 150% deeclining-balance method. For the year ended December 31, 2104, what Piazza should record depreciation on this machine. Show all computations please.
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