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Question 2 Nash Company purchased machinery on January 1, 2025, for $81,600. The machinery is...

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Accounting

Question 2

Nash Company purchased machinery on January 1, 2025, for $81,600. The machinery is estimated to have a salvage value of $8,160 after a useful life of 8 years.

(a)

Compute 2025 depreciation expense using the double-declining-balance method.

Depreciation expense

$enter the depreciation expense in dollars

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