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Crane Products purchased a machine for $75200 on July 1,2025 . The company intends to depreciate it over 8 years using the doubledeclining balance method. The salvage value is $6000. Depreciation for 2026 to the closest dollar is $9400.

$17600.
$37600.
$16450.


1 Answer

3 votes
I got this right on my test 17600
User Nilesh Patel
by
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