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Machinery was purchased on January 1 for $61,000.00. The machinery has an estimated life of...

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Accounting

Machinery was purchased on January 1 for $61,000.00. The machinery has an estimated life of 7 years and an estimated salvage value of $9,000. Double-declining balance depreciation for the second year would be. Answer is one of these $13,448.98 $12,448.98 $11,448.98 $11,948.98

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