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Question 12 (4 points) Machinery was purchased on January 1 for S52,000. The machinery has an estimated life of 8 years and an estimated salvage

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Question 12 (4 points) Machinery was purchased on January 1 for S52,000. The machinery has an estimated life of 8 years and an estimated salvage value of $8,000. Double-declining-balance depreciation for the second year would be (show your answer as a whole dollar amount with no S sign): Your

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