Multiple Choice
A company purchased a POS cash register on January 1 for $5,400.This register 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) $500
B) $800
C) $864
D) $1,000
E) $1,080
Correct Answer:
Verified
Correct Answer:
Verified
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