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Please show work. Slotkin Products purchased a machine for $49,000 on July 1, 2014. The company intends to depreciate it over 8 years using the

Please show work. Slotkin Products purchased a machine for $49,000 on July 1, 2014. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $4,000. Depreciation for 2015 is:

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