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Sunland Company purchased a machine for $67000 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 $67000 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5100. Depreciation for 2021 to the closest dollaris O $8375 O $33500 O $14656. $13100 On January 1, 2020, Sunland Company purchased a new machine for $4300000. The new machine has an estimated useful life of nine years and the salvage value was estimated to be $142000. Depreciation was computed using the sum of-the-years-digits method. What amount should be shown in Sunland's balance sheet at December 31, 2021. net of accumulated depreciation for this machine? O $4158000 O $2729200 O $3468400 $2636800

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