Question: Here is a problem try working it out and then we can go over anything that you may need assistance on. Machine with a cost

Here is a problem try working it out and then we can go over anything that you may need assistance on. Machine with a cost of $120,000, Salvage Value is $20,000 and the life of the asset is 4 years. What is the straight line depreciation per year and what is the declining balance depreciation for the first two years. Reply

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