Sizemore Solutions purchased a machine for $65,000 on July 1, 2018. The company intends to...
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Accounting
Sizemore Solutions purchased a machine for $65,000 on July 1, 2018. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5,000.
Using nearest whole month, the depreciation for 2018 is
Group of answer choices
None of the other answers are correct
$32,500
$15,000
$14,219
$8,125
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