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Becker Office Service purchased a new computer system on January 1, Year 1, for $38,800. It is expected to have a five-year useful life and
Becker Office Service purchased a new computer system on January 1, Year 1, for $38,800. It is expected to have a five-year useful life and a $3,200 salvage value. Becker Office Service expects to use the computer system more extensively in the early years of its life.
- Calculate the depreciation expense for each of the five years, assuming the use of double-declining-balance depreciation.
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