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TB MC Qu. 9-106 (Algo) A machine is purchased on January... A machine is purchased on January 1,2021, for $96,000. It is expected to have

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TB MC Qu. 9-106 (Algo) A machine is purchased on January... A machine is purchased on January 1,2021, for $96,000. It is expected to have a usaful life of five years and a residual value of $8,000. The cochpany clases its books on December 31 . Under the double-declining balance method, what is the total amount of depreciation to be expensed during the 2022? Mutigle Croice. $23,040 $38,400 324.000 357,00

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