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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $136,000. The asset is expected to have a salvage value

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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $136,000. The asset is expected to have a salvage value of $15,900 at the end of its five-year useful life. If the asset is deprecated on the double-declining balance method, the assets book value on December 31, Year 2 will be Multiple Choice $29.376 $39,204 $122.400 $26336 573.440

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