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Equipment costing $340,000 with a useful life of 5 years and a residual value of $25,000 and an operating life of 60,000 hours. Using Double

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Equipment costing $340,000 with a useful life of 5 years and a residual value of $25,000 and an operating life of 60,000 hours. Using Double Declining Balance, What is the dollar amount you will depreciate each year Year 1: 13.600 Year 2 Year 3: Year 4 Years

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