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Calculate the amount of depreciation expense recorded

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Question - Rose Company purchased a machine on January 1, 2018 costing $95,000. The machine had a 10 year life and a $10,000 salvage value. Rose Company uses the double-declining balance depreciation method to depreciate its assets.

Calculate the amount of depreciation expense recorded in Rose Company's 2021 income statement related to the machine. Do not use decimals in your answer.

Reference no: EM131680216

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