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Determine the amount of depreciation

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Reference no: EM131556854

Question: DOUBLE DECLINING-BALANCE METHOD OF DEPRECIATION. Recall that a printing machine with an estimated useful life of 5 yr and an initial value of $100,000 (and no salvage value) was to be depreciated. At the end of the first year, the amount of depreciation allowed was $20,000 using the straight-line method and $33,333 using the sum-of-the-years'-digits method. Determine the amount of depreciation that would be allowed for the first year if the printing machine were depreciated by the double declining-balance method. Which of these three methods would result in the largest depreciation of the printing machine at the end of its first year of use?

Reference no: EM131556854

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