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4.Moon Inc purchased an office equipment for P13,000 on July 1, 2012. The company intends to depreciate it over 4 years using the double-declining balance

4.Moon Inc purchased an office equipment for P13,000 on July 1, 2012. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is P1,000. Depreciation for 2012 is?

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