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ct. 3, 2021 ses / ACCT 621 (BON-SUMMER-03) / Week 6: Midterm Exam Midterm Exam...

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Accounting

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ct. 3, 2021 ses / ACCT 621 (BON-SUMMER-03) / Week 6: Midterm Exam Midterm Exam (online) Mala has just purchased a new machine which she expects to use for 3,600 hours over the next five years. The machine cost $32,000 and is expected to have a salvage value of $2,000 at the end of its useful life. Mala used the machine for 600 hours in the first year. Assuming she uses the double-declining-balance method, the machine's net book value at the start of year 2 is: Select one: O a. $19,200 O b. $12,800 O c. None of these O d. $20,000 Next page 20:53 20-08-2021 000 ENG 16C Cloudy^ L 35 o CP DI

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