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The companys accounting year ends on december 31 compute

Katherine Company purchased a machine on 2009 April 1, for USD 72,000. The machine has an estimated useful life of five years with no expected salvage value. The company"s accounting year ends on December 31. Compute the depreciation expense for 2009 and 2010 under the double-declining balance method.

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Accounting Basics: The companys accounting year ends on december 31 compute

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Accounting Basics: The companys accounting year ends on december 31 compute

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