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A company purchased a cash register on January 1 for $5,600. This register has a useful life of 4 years and a salvage value of

A company purchased a cash register on January 1 for $5,600. This register has a useful life of 4 years and a salvage value of $500. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?

2,800 1,336 1,275 1,400 2,550

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