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EXAM CHAPTERS 8-11 Question 98 of 100 View Policies Current Attempt in Progress -/1E Vaughn Manufacturing purchased a depreciable asset for $780000. The estimated

EXAM CHAPTERS 8-11 Question 98 of 100 View Policies Current Attempt in Progress -/1E Vaughn Manufacturing purchased a depreciable asset for $780000. The estimated salvage value is $45000, and the estimated useful life is 10 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? O $106500 O $124800 $73500 O $156000 Save for Later Type here to search Attempts: 0 of 1 used Submit Answer

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