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Calculate the book value of the machine at december

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Question - Rose Company purchased a machine on January 1, 2021 costing $140,000. The machine had a 10 year life and a $10,000 salvage value. Rose Company uses the double-declining balance depreciation method to depreciate its assets. Calculate the book value of the machine at December 31, 2024.

Reference no: EM132156218

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