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Computer equipment was acquired at the beginning of the year at a cost of $52,500 that has an estimated residual value of $3,200 and

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Computer equipment was acquired at the beginning of the year at a cost of $52,500 that has an estimated residual value of $3,200 and an estimated useful ife of 5 years. a. Determine the depreciable cost. b. Determine the double-declining-balance rate. c. Determine the double-declining-balance depreciation for the first year.

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