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Cb . book value and the current market value of the asset.c . revenues earned by the asset and the cost of the asset.d .

Cb. book value and the current market value of the asset.c. revenues earned by the asset and the cost of the asset.d. salvage value of the asset and the future market value of the asset.4. At the beginning of last year, Drake Corporation purchased equipment for $34,000. The equipment has a useful life of 5 years or 100,000 hours. The estimated residual value is $4,000. Drake used the equipment for 22,000 hours last year and 25,000 hours this year.Depreciation expense for year 2 using DDB and UOP would be:

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