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Marlow Company Purchased a Point of Sale System on January

Question 95

Multiple Choice

Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400.
-What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?


A) $600.
B) $680.
C) $480.
D) $544.
E) $300.

Correct Answer:

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