BONUS 5. RNF Inc. purchased a machine for $50,000 on January 1, 2012. The company...

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BONUS 5. RNF Inc. purchased a machine for $50,000 on January 1, 2012. The company intends to depreciate it over 8 years using the double-declining balance method. Salvagealue Is $1,500. a) Prepare a depreciation schedule of the first four (4) years Ann Dep 062 S Rate 43031 S 2s7 25 451687 2130

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