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Vaughn Manufacturing purchased a machine for $67200 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method.

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Vaughn Manufacturing purchased a machine for $67200 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $4800. Depreciation for 2021 to the closest dollar is $33600 $14400. $8400. O $14700

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