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0.5 points Save Answe On the 1st January 2019, the company purchased an equipment at cost of $ 100,000 with residual value of $15,000 and

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0.5 points Save Answe On the 1st January 2019, the company purchased an equipment at cost of $ 100,000 with residual value of $15,000 and estimated useful life of 5 years. If the company uses the double-declining balance method to calculate depreciation, the book value (carrying amount of the equipment on 31 December 2019 will be: a. $75,000 b. $80,000 OC. $85,000 d. 60,000 $ > Moving to another question will save this response. Question 2 of 20

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