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ʎddɐɥ ʎddɐɥ
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7 years ago
Solon, Inc uses the double-declining-balance method of depreciation. The company purchased a piece of equipment for $155,000, with an estimated life of 8 years and a residual value of $12,000. What is the third year's depreciation expense?
A) $17,875.00
B) $19,375.00
C) $21,796.88
D) $20,109.38
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suryoyosuryoyo
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7 years ago
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