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A machine that cost $548,000 is acquired on October 1,2025 . Its estimated salvage value...

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Accounting

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A machine that cost $548,000 is acquired on October 1,2025 . Its estimated salvage value is $54,800 and its expected life is eight years. Calculate depreciation expense for 2025 and 2026 by double-declining balance. (Round answers to 0 decimal places, e.g. 5,275.) Calculate depreciation expense for 2025 and 2026 by sum-of-the-years'-digits. (Round answers to 0 decimal places, e.g. 5,275.) At the end of 2026 , which method results in the larger accumulated depreciation amount

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