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A company purchased a POS cash register on January 1 for $6,400. This register has a useful life of 10 years and a salvage value

A company purchased a POS cash register on January 1 for $6,400. This register has a useful life of 10 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?

$1,180

$590

$1,024

$1,280

$1,000

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