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A machine that cost 220000 has an estimated residual value of 22000 and an estimated useful life of four years. the company uses double declining balance depreciation. calculate…

A machine that cost 220000 has an estimated residual value of 22000 and an estimated useful life of four years. the company uses double declining balance depreciation. calculate…
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a machine that cost 220000 has an estimated residual value of 22000 and an estimated useful life of four years. the company uses double declining balance depreciation. calculate its book value at the end of year 3.

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User Sachin
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1 Answer

3 votes

Answer:

the book value at the end of year 3 would be $27,500.

Step-by-step explanation:

answered
User Shikhar Awasthi
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