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ABC Put,Ltd has purchased an equipment worth $200,000 with a residual value of $20,000, Its useful life is 5 years. lete Use the double declining

ABC Put,Ltd has purchased an equipment worth $200,000 with a residual value of $20,000, Its useful life is 5 years. lete Use the double declining balance depreciation method and calculate the depreciation expense for each year(Show the depreciation table, 10 points).

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