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Kansas Enterprises purchased equipment for $81,000 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of

Kansas Enterprises purchased equipment for $81,000 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of $7,050 at the end of ten years. Using the double-declining balance method, depreciation expense for 2021 would be:

a) $16,200 b) $8,100 c) $9,150 d) $14,790

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