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Question 4 10 pts Time Running 1 Hour, 15 Min Company D purchased and installed new machinery in 2015. The costs incurred are as follows:

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Question 4 10 pts Time Running 1 Hour, 15 Min Company D purchased and installed new machinery in 2015. The costs incurred are as follows: Purchase price for new machinery $30,000 Taxes on new machinery due next month 5.000 initial specialized changes and overhaul before it can be used for production 3,000 Company Duses the Double Declining Balance method to depreciate the machinery Assuming the life of the machine is 5 years with a $4,000 salvage value, complete the following table Cost Depreciation Expense Accumulated Depreciation Net Book Value 2015 2016 2017 2018 2019 Previous Nest

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