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Cr Marlow Company purchased a point of sale system on January 1 for $6,400. This system has a useful life of 5 years and a

Cr Marlow Company purchased a point of sale system on January 1 for $6,400. This system has a useful life of 5 years and a salvage value of $90O. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method? Multiple Choice $1,472 $2,560 $2,200 $1100 $1,536

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