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Waterway Company purchased machinery on January 1,2025, for $95,200. The machinery is estimated to have a salvage value of $9.520 after a useful life of

Waterway Company purchased machinery on January 1,2025, for $95,200. The machinery is estimated to have a salvage value of $9.520 after a useful life of 8 years. (a) Compute 2025 depreciation expense using the double-declining-balance method

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