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Bonita Industries purchased a machine for $66,800 on July 1, 2020. The company intends to...

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Accounting

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Bonita Industries purchased a machine for $66,800 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5,100. The ending Accumulated Depreciation for 2021 is O $8,350.00 O $14,613.00 $25,050.00 O $22,962.50

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