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please solve part B Current Attempt in Progress Tamarisk Company purchased machinery on January 1, 2020, for $92,800. The machinery is estimated to have a
please solve part B
Current Attempt in Progress Tamarisk Company purchased machinery on January 1, 2020, for $92,800. The machinery is estimated to have a salvage value of $9.280 after a useful life of 8 years. (a) Your answer is correct. Compute 2020 depreciation expense using the double-declining-balance method. Depreciation expense 23,200 e Textbook and Media Attempts: 1 of 6 used FI (b) Compute 2020 depreciation expense using the double-declining-balance method, assuming the machinery was purchased on October 1, 2020. (Round answer to O decimal places, eg. 5,125.) Depreciation expense $ e Textbook and MediaStep by Step Solution
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