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Question ---3--- (10 points) Ermler Company purchased a machine at a cost of $160,000. The machine is expected to have a $10,000 salvage value at

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Question ---3--- (10 points) Ermler Company purchased a machine at a cost of $160,000. The machine is expected to have a $10,000 salvage value at the end of its 5-year useful life. Instructions Compute annual depreciation for the first and second years using the (a) straight-line method. (b) double-declining-balance method

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