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A company purchased Factory equipment for $230000. It is estimated that the equipment will have a $63000 salvage value at the end of its estimated

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A company purchased Factory equipment for $230000. It is estimated that the equipment will have a $63000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-dedining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be O $175200 OS266800 O $292000 O $133400

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