A machine was purchased of $50000 and placed in service. It has an estimated market value...

A machine was purchased of $50000 and placed in service. It has an estimated market value of $10000 at the end of its useful life of 15 years. Compute the depreciation amount in the fourth year and the Book value at the end of six years by using (a) straight line method (b) Declining Balance method.

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jeff jeffy answered 1 year ago

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