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What Would Be the Depreciation Expense Using Double Declining-Balance to Compute

Question 41

Multiple Choice

What would be the depreciation expense using double declining-balance to compute the expense for year 2 of a machine costing $20,000,when residual value is $3,000,and useful life is 4 years?


A) $3,600
B) $6,000
C) $5,000
D) $3,000

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