A machine costing $85,625 with a five-year life and $5,100 residual value was purchased January...
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Accounting
A machine costing $85,625 with a five-year life and $5,100 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.
Year 1
$fill in the blank 1
Year 2
$fill in the blank 2
Year 3
$fill in the blank 3
Year 4
$fill in the blank 4
Year 5
$fill in the blank 5
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