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Bonita Industries purchased a depreciable asset for $610000. The estimated salvage value is $36000, and the estimated useful life is 10 years. The double-declining balance

Bonita Industries purchased a depreciable asset for $610000. The estimated salvage value is $36000, and the estimated useful life is 10 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset?

multiple choice

$97600

$82400

$57400

$122000

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