On January 1, 2010, Mills purchased a machine that had an estimated useful life of six years and $5, 000 residual value.The depreciation on this machine was $2, 700 in 2011 using the 150%-declining-balance depreciation method.
Required:
Compute the cost of this machine.

Question

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The Answer of On January 1, 2010, Mills purchased a machine that had an estimated useful life of six years and $5, 000 residual value.The depreciation on this machine was $2, 700 in 2011 using the 150%-declining-balance depreciation method.
Required:
Compute the cost of this machine.

On January 1, 2010, Mills Purchased a Machine That Had