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Sure Company Purchased a Machine on January 1,20A,at a Cash

Question 66

Multiple Choice

Sure Company purchased a machine on January 1,20A,at a cash cost of $12,000.The estimated useful life is 10 years,and the estimated residual value is $3,000.The company will use the declining-balance method based on a 150 percent acceleration rate.What will be the depreciation expense for the second year?


A) $900
B) $1,350
C) $1,530
D) $1,800

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