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#3-multiple choice portion Saved Help Save& ExitSubmit Marlow Company purchased a point of sale system on January 1 for $7.200. This system has a useful

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#3-multiple choice portion Saved Help Save& ExitSubmit Marlow Company purchased a point of sale system on January 1 for $7.200. This system has a useful life of 10 years and a salvage value of $1.300. What would be the depreciation expense for the second year of its useful life using the double-declining- balance method? Multiple Choice $1,440 $1.152 $1,088 $590. $1.180 $590

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