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Posted on Aug 02, 2024

The company pald $ 3 2 5 , 0 0 0 for an excavator. The excavator has a salvage value of $ 2 5 ,

The company pald $

325, 000

for an excavator. The excavator has a salvage value of $

25, 000

and a usefil life of

10

years. Calculate the first year of depreciatian using the doubledeclining

-

balance method:

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