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Current Attempt in Progress Vaughn Manufacturing purchased a depreciable asset for $380000. The estimated salvage value is $26000, and the estimated useful life is 8

Current Attempt in Progress Vaughn Manufacturing purchased a depreciable asset for $380000. The estimated salvage value is $26000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? $71250 $65750 $95000 $44250

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