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22. A boat costs $10,900 with a residual value of $500. It is estimated the usetul life of the boat is 4 years. By assuming

22. A boat costs $10,900 with a residual value of $500. It is estimated the usetul life of the boat is 4 years. By assuming twice the straight-line rate, the balance in accumulated depreciation at end of year 3 is

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