Question: A machine costing $94,375 with a five-year life and $5,700 residual value was purchased January 2. Compute depreciation for each of the five years, using

A machine costing $94,375 with a five-year life and $5,700 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.

Year 1	$
Year 2	$
Year 3	$
Year 4	$
Year 5	$

Please fill in the blanks.

Thanks

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