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If a company bought a fixed asset for $10,000 on Jan 1 with an estimated useful life of 5 years and salvage value of $1000,

If a company bought a fixed asset for $10,000 on Jan 1 with an estimated useful life of 5 years and salvage value of $1000, what would the depreciation JE be on 12/31 using the double-declining method?

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