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A plant asset cost $128.000 and is estimated to have a $16.000 salvage value at the end of its 8-year useful life. The annual depreciation

A plant asset cost $128.000 and is estimated to have a $16.000 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 Multiple Choice $15.750 $10.720 $18,000 $12.250

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