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A large company purchased a small jet plane for use by the company's engineers. The price of the jet plane is $2,000,000 and the estimated

A large company purchased a small jet plane for use by the company's engineers. The price of the jet plane is $2,000,000 and the estimated salvage value is $170,000. It is estimated that the jet plane could be used for five years. Compute the depreciation schedule using double declining balance depreciation

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