Question: A machine costing 7 5 0 0 0 with a five year life and 4 5 0 0 0 residual value was purchased on January

A machine costing 75000 with a five year life and 45000 residual value was purchased on January 2 compute the depreciation for each of the five years using the double declining balance method.
Year Depreciation
Year 1$
Year 2$
Year 3$
Year 4$
Year 5$
A machine costing 75000 with a five year life and 45000

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