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mais que Bart paid $150,000 for a piece of equipment for his business. Bart's income statement puts the straight line depreciation rate at 20%, and

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mais que Bart paid $150,000 for a piece of equipment for his business. Bart's income statement puts the straight line depreciation rate at 20%, and the equipment is expected to have a residual value of $1,000 at the end of its useful life, which is expected to be five years. Total Book Value Useful life $150,000 5 years 20% Straight line depreciation Double declining balance (X) Depreciation Expense Accumulated Depreciation Book Value (End of Year) Double Declining Balance Depreciation Book Value Depreciation Year Beginning of Year) 1 2 3 4 Using double declining balance depreciation, what is the value of the piece of equipment at the end of year one? O $120,000 San MacBook Air BO A & 7 3 4 5 6 8 9 E R T U D F H K

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