Refer to the information in Exercise 7-4. What amount would Fontaine record as depreciation expense for the

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Refer to the information in Exercise 7-4. What amount would Fontaine record as depreciation expense for the year ending December 31, 2019, if the double-decliningbalance method were used?

a. \(\$ 144,000\)

b. \(\$ 145,600\)

c. \(\$ 236,000\)

d. \(\$ 240,000\)

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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