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Williams Corporation purchases a machine at a cost of $100,000 on January 1, 2015. The machine has a useful life of 5 years and a salvage value of $25,000 at the end of the fifth year. Williams using the double declining balance method to depreciate these types of machines. How much would the depreciation expense for this machine be in the 2016 calendar year?

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Financial Accounting, Accounting

Category:- Financial Accounting
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