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5 Question 12 (7 points) Using the double declining depreciation method for an asset with a useful life of 8 years. What is the depreciation

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5 Question 12 (7 points) Using the double declining depreciation method for an asset with a useful life of 8 years. What is the depreciation expense for year 2 on an asset costing $90000? Note: Round the answer to 0 decimal places (i.e. nearest dollar). Your Answer: 18 2

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