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Bramble Company purchased equipment for $1071000 on January 1,2020 , and will use the double-declining-balance method of depreciation. It is estimated that the equipment will
Bramble Company purchased equipment for $1071000 on January 1,2020 , and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 3-year life and a $32000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2022 will be $95880.$127880.$87000.$119000
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