On January 1,2018,Boston Company purchased a heavy duty machine having an invoice price of $13,000.Boston paid transportation and installation costs totaling $3,000.The machine is estimated to have a 4-year useful life and a $1,400 residual value.
Calculate depreciation expense and book value for 2018-2021,assuming double declining-balance method of depreciation.

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The Answer of On January 1,2018,Boston Company purchased a heavy duty machine having an invoice price of $13,000.Boston paid transportation and installation costs totaling $3,000.The machine is estimated to have a 4-year useful life and a $1,400 residual value.
Calculate depreciation expense and book value for 2018-2021,assuming double declining-balance method of depreciation.

On January 1,2018,Boston Company Purchased a Heavy Duty Machine Having