Question: Multiple Choice Question 64 Crane Company purchased a machine for $ 66300 on July 1, 2017. The company intends to depreciate it over 8 years

Multiple Choice Question 64

Crane Companypurchased a machine for $66300on July 1, 2017. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5000. Depreciation for 2018 to the closest dollar is

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