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Emergency pleasse Marlow Company purchased a point of sale system on January 1 for $6, 500. This system has a useful life of 5 years

image text in transcribedEmergency pleasse

Marlow Company purchased a point of sale system on January 1 for $6, 500. This system has a useful life of 5 years and a salvage value of $950. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method? $1, 496. $1, 560. $2, 600. $1, 110. $2, 220

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