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Coronado Industries purchased a machine for $65600 on July 1, 2017. The company intends to...

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Accounting

Coronado Industries purchased a machine for $65600 on July 1, 2017. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $4800. Depreciation for 2017 is $14294 $8200 $15200 $32800

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