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Brant Leasing, Inc. purchased equipment on January 1, 2023 costing $875,000. The equipment has an estimated useful life of six (6) years, is expected to

Brant Leasing, Inc. purchased equipment on January 1, 2023 costing $875,000. The equipment has an estimated useful life of six (6) years, is expected to produce 250,000 units, and has an estimated residual value of $40,000. Required: Calculate depreciation expense to the nearest whole dollar for 2024 (the second year) of the machine's useful life under: a. Double declining-balance method. Answer: _________________

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