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Title: The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of the ... Post by: H3Ko on Aug 29, 2016 The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of the asset is five years. Calculate depreciation for the second year using the double-declining-balance method of depreciation. (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $266,400 B) $324,000 C) $162,000 D) $222,000 Title: Re: The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of ... Post by: Tanks on Aug 29, 2016 Content hidden
Title: Re: The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of the ... Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
Title: Re: The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of ... Post by: Skylar Evans on Nov 12, 2019 :)
Title: Re: The cost of an asset is $1,110,000, and its residual value is $300,000. Estimated useful life of ... Post by: Destiny Lowery on Nov 19, 2019 thanks !!!
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