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Business, 27.07.2019 19:00 alonzomacias1989

Lavery company purchased a machine that was installed and placed in service on july 1, year 1 at a cost of $240,000. salvage value was estimated at $40,000. the machine is being depreciated over 10 years by the double declining balance method. for the year ended december 31, year 2, what amount should lavery report as depreciation expense?

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