Plastic Fantastics is evaluating the purchase of machinery to make rubber ducks. The machine would be $78,000
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Question:
Plastic Fantastics is evaluating the purchase of machinery to make rubber ducks. The machine would be $78,000 plus $7,000 to install. The new machine will be depreciated at 11.5% percent using the diminishing value method.What is the depreciation in year 2?
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