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Your company uses the DDB method. Assets purchased between the 1st and 15th are depreciated for the entire month; assets purchased after the 15th are

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Your company uses the DDB method. Assets purchased between the 1st and 15th are depreciated for the entire month; assets purchased after the 15th are treated as though they were acquired the following month. On May 1, 20x1, it purchases for $250,000 a machine with a useful life of 12 years and a salvage value of $10,000. What is the machine's book value at the end of 20X2? Round rate 4 decimal places example (1.1111)

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