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pls answer asap Depreciation and Rate of Return Eurrell Company purchased a machine for $38,000 on January 2,2019 . The machine has an estimated service

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Depreciation and Rate of Return Eurrell Company purchased a machine for $38,000 on January 2,2019 . The machine has an estimated service life of 5 years and a zero estimated residual value. The asset earns income before depreciation and income taxes of $19,000 each year, The tax rate is 25%. Requiredt Compute the rate of return earned (on the average net asset value) by the company each year of the asset's life under the straight-line and the double-declining-balance depreciation methods. Assume that the machine is the company's only asset. Straight-line method. If required, round to one decimal place. Double-declining-bsiance depreciation method. Round to two decimal places. Round your intermediate dollar value calculations to the nearest whole number. 2019 2020 2021 2022 2023

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