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A) What is the amount of double-declining balance depreciation, for year 2, if the cost of an asset is $75,000, the useful life is 5

A) What is the amount of double-declining balance depreciation, for year 2, if the cost of an asset is $75,000, the useful life is 5 years, and the salvage value is $4,000.

=

B) What is the amount of double-declining balance depreciation, for year 1, if the cost of an asset is $75,000, the useful life is 5 years, and the salvage value is $4,000.

=

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