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A plant asset cost $332800 and is estimated to have a $35000 salvage value at the end of its 8-year useful life. The annual depreciation

A plant asset cost $332800 and is estimated to have a $35000 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

$46800.

$41736.

$33870.

$30420.

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