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Computer equipment was acquired at the beginning of the year at a cost of $56,250 that has an estimated residual value of $3,400 and an

Computer equipment was acquired at the beginning of the year at a cost of $56,250 that has an estimated residual value of $3,400 and an estimated useful life 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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