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Mullen Company purchased a new machine costing $55,200 on January 1, 2017. The machine is expected to have a $3,600 salvage value at the end of its useful life of six years. What is the depreciation expense
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Mullen Company purchased a new machine costing $55,200 on January 1, 2017. The machine is expected to have a $3,600 salvage value at the end of its useful life of six years. What is the depreciation expense that Mullen Company records for 2017 using the double-declining-balance method?

(A) $8,600
(B) $17,200
(C) $9,200
(D) $18,400

User Roni
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2 Answers

3 votes
The answer is $8,600. Hope this helped.
User Levirg
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4 votes
A. 8,600 is the answer
User Blasco
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