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Mathematics, 17.07.2020 18:01 idc23

Grouper Company purchased a new machine on October 1, 2020, at a cost of $114,800. The company estimated that the machine will have a salvage value of $14,800. The machine is expected to be used for 10,000 working hours during its 4-year life. Compute the depreciation expense under declining balance using double the straight line rate for 2020 and 2021

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