On April 13, 2010, Kiefer Co.purchased machinery for $240,000.Residual value was estimated to be $10,000.The machinery will be amortized over ten years using the double declining-balance method.If depreciation is calculated on the basis of the nearest full month, Foley should record depreciation expense for 2011 on this machinery of

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The Answer of On April 13, 2010, Kiefer Co.purchased machinery for $240,000.Residual value was estimated to be $10,000.The machinery will be amortized over ten years using the double declining-balance method.If depreciation is calculated on the basis of the nearest full month, Foley should record depreciation expense for 2011 on this machinery of