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What will be the machine book value

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Question - ABC purchased a machine on January 1, 20X0, for P18,000 cash. The machine has an estimated useful life of four years and a salvage value of P4,700. ABC uses the double-declining-balance method of depreciation for all its assets. What will be the machine's book value as of December 31, 20X1?

Reference no: EM133014259

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