On January 1, Year One, a machine is bought for $100,000 with a 10 year and a $2...
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On January 1, Year One, a machine is bought for $100,000 with a 10 year and a $20,000 salvage value. The company uses SLM of depreciation. If the company had used double declining balance, how much lower would the total assets be on the company’s Dec 31, Year 2 Balance Sheet
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