Question: stuck on this anyone know? M8-5 (Algo) Computing Book Value (Double-Declining-Balance Depreciation) LO8-3 A three-year-old machine has a cost of $58,000, an estimated residual value

stuck on this anyone know? M8-5 (Algo) Computing Book Value (Double-Declining-Balance Depreciation) stuck on this anyone know?

M8-5 (Algo) Computing Book Value (Double-Declining-Balance Depreciation) LO8-3 A three-year-old machine has a cost of $58,000, an estimated residual value of $5,300, and an estimated useful life of five years. The company uses double-declining-balance depreciation. Calculate the net book value at the end of each year

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