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consider the following data on an asset. Cost of asset I=$1,000. Useful life, N=5 years, Salvage value, S=$80, what is the depreciation amount in year

consider the following data on an asset. Cost of asset I=$1,000. Useful life, N=5 years, Salvage value, S=$80, what is the depreciation amount in year 3 using the double-declining balance (DBB) depreciation method(multiplier 2)?

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