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Wildhorse Company purchased a new machine for $ 4 0 0 , 0 0 0 . It is estimated that the machine will have a

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Wildhorse Company purchased a new machine for $400,000. It is estimated that the machine will have a $34,000 salvage value at the end of its 5-year useful service life. The double-decliningbalance method of depreciation will be used.
Prepare a depreciation schedule that shows the annual depreciation expense on the machine for its 5-year life.
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