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Question 8 10 pts Your Corporation, a calendar-year company, acquired a new machine on January one, Year one. The cost of the machine is $975,000,
Question 8 10 pts Your Corporation, a calendar-year company, acquired a new machine on January one, Year one. The cost of the machine is $975,000, and the machine has an estimated useful life of 12 years (or 900,000 units of product). The machine has an expected salvage value of $60,000. The machine produced 75,000 units of product in Year three. Accumulated depreciation at the beginning of year three was $297,917. What is depreciation expense using the double- declining balance for Year three? O $112.847 O $152,500 0 $76,250 O $102.847
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