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Your Corporation, a calendar-year company, acquired a new machine on January one of Year one.  The machine...

Your Corporation, a calendar-year company, acquired a new machine on January one of Year one.  The machine cost $340,000 and the machine has an estimated useful life of 10 years.  The machine has an expected salvage value of $30,000.  Calculate depreciation expense using the double-declining balance method for year 4. Accumulated depreciation at the beginning of year 4 was $165,920. ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DISCRIPTIONS.

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