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Central Supply purchased a new printer for $72,000. The printer is expected to operate for ten (10) years, after which it will be sold for

Central Supply purchased a new printer for $72,000. The printer is expected to operate for ten (10) years, after which it will be sold for salvage value (estimated to be $7,200).

How much is the first and second years depreciation expense if the company uses the double-declining-balance method?

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