Question: Current Attempt in Progress Your answer is incorrect. Coronado Industries purchased a machine for $66900 on July 1, 2020. The company intends to depreciate it

Current Attempt in Progress Your answer is incorrect. Coronado Industries purchased

Current Attempt in Progress Your answer is incorrect. Coronado Industries purchased a machine for $66900 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5200. Depreciation for 2021 to the closest dollar is O $12650. O $14634. $8363. O $33450

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