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9 PAGE 521 PE10-3B Equipment acquired at the beginning of the year at a cost of $175,000 has an estimabted residual value of $12,000 and

9 PAGE 521 PE10-3B Equipment acquired at the beginning of the year at a cost of $175,000 has an estimabted residual value of $12,000 and an estimated useful life of 10 years. Determine the double declining depreciation for the second year. 28.000 2.800 O280 28.50

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