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Bramble Inc. purchased equipment for $192000, and estimated that the equipment will have a $19200 residual value at the end of its eight-year useful life.

Bramble Inc. purchased equipment for $192000, and estimated that the equipment will have a $19200 residual value at the end of its eight-year useful life. Using the double-diminishing-balance method, the depreciation expense for the third year would be?

$21600.

$27000.

$36000.

$24300.

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