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18. Coolidge Corporation acquired a new office machine on January 2, Year 1, for $120,000....

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18. Coolidge Corporation acquired a new office machine on January 2, Year 1, for $120,000. The machine has a 10-year life and a $10,000 estimated salvage value. Depreciation for Year 2 using the double-declining-balance method is: $19,600 B. $19,400 $17,600 $17,200 None of the above. c

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