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Waterway Industries purchased a machine for $67400 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method.

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Waterway Industries purchased a machine for $67400 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 $33700. $14744 58425. $14500

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