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can you show me the steps please A plant asset cost $340,000 and is estimated to have a $40,000 residual value at the end of

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A plant asset cost $340,000 and is estimated to have a $40,000 residual value at the end of its 10-year useful life. The annual depreciation expense recorded for the third year using the double-declining-balance method would be A. $43,520. B. $45,000. C. $39,375. D. $35,000

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