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  • 03-06-2023
  • Business
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Solar Products purchased a machine for $39,000 on January 1, 2021. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is $3,000. Depreciation for 2024 is a) $19,500 b) $4,875 c) $1,875 d) $2,437.50

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