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Business, 27.05.2020 22:58 sonthatshannah

Alvarado Company purchased a new machine for $400,000. It is estimated that the machine will have a $40,000 salvage value at the end of its 5-year useful service life. The double-declining-balance method of depreciation will be used. Prepare a depreciation schedule which shows the annual depreciation expense on the machine for its 5-year life. End of Year Year Book Value Beginning of Year Annual Depreciation Expense Accumulated Depreciation Book Value End of Year

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