Compute depreciation expense

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Reference no: EM13123336

A machine which cost $200,000 is acquired on October 1, 2010. Itsestimated salvage value is $20,000 and its expected life is eight years.Instructions Calculate depreciation expense for 2010 and 2011 by each of the following methods,showing the figures used. (a) Double-declining balance (b) Sum-of-the-years'-digits

Reference no: EM13123336

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