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Linh's Accounting Business Service purchased a car for $91,728 today. The car is expected to be used over 6 years in its useful life. At
Linh's Accounting Business Service purchased a car for $91,728 today. The car is expected to be used over 6 years in its useful life. At the end of its life, the car is estimated to have $4.768 left in its value. What is the depreciation expense for the first year under Reducing balance method if the depreciation rate is 40%? (Keep your answer correct up to 2 decimal place after the point. Do not put $ sign in your answer)
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