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Sunland Company purchased a machine for $66400 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method.

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Sunland Company purchased a machine for $66400 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $4900. Depreciation for 2020 to the closest dollar is O $16600 O $8300 O $33200 O $14525

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