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What would that entry be for year four

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Question - A manufacturer of appliances purchased a robot to assist with assembly on January 1, Year 1, for $700,000. The robot has an estimated life of five years and a salvage value of $55,000. The company uses the double-declining method for depreciation. If the company makes only one entry for depreciation at year-end, what would that entry be for Year 4?

Reference no: EM133131128

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