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A four-door sedan costs $35,000 with a residual value of $2,000. Its service life is five years. Using the declining balance method at twice the

A four-door sedan costs $35,000 with a residual value of $2,000. Its service life is five years. Using the declining balance method at twice the straight-line rate, the book value at the end of Year 2 is

A. $35,000.

B. $33,000.

C. $12,600.

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