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bravata bravata
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8 years ago
Ironworks Industries purchased a piece of equipment for $65,000 with an estimated salvage value of $15,000 on January 1. Its estimated life is 5 years. To the nearest dollar, what is the equipment's depreciation using double-declining-balance for year 2?
A) $26,000
B) $20,000
C) $15,600
D) $12,000
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Financial Accounting

Financial Accounting


Edition: 3rd
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largerthanlifelargerthanlife
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8 years ago
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bravata Author
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8 years ago
Good timing, thanks!
deathwing
wrote...

Yesterday
Thanks for your help!!
Holly72492
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2 hours ago
Brilliant ツ
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