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A company purchased a POS cash register on January 1 for $5,200. This register has a useful life of 5 years and a salvage value
A company purchased a POS cash register on January 1 for $5,200. This register has a useful life of 5 years and a salvage value of $800. What would be the depreciation expense for the second-year of its useful life using the double-declining-balance method? Round all calculations to whole dollar amounts
$1,760
$2,080
$1,248
$1,056
$880
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