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A piece of delivery equipment cost $ 288.000 and is estimated to have a $ 36.000 salvage value at the end of its 8-year useful

A piece of delivery equipment cost $ 288.000 and is estimated to have a $ 36.000 salvage value at the end of its 8-year useful life. The annual depreciation expense recorded for the third year using the double-declining-balance method would be

A) $ 24.120

B) $ 35.436

C) $ 27.570

D) $ 40.500

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