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Marigold Corp. purchased a depreciable asset for $372000. The estimated salvage value is $27000, and the estimated useful life is 8 years. The double-declining balance

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Marigold Corp. purchased a depreciable asset for $372000. The estimated salvage value is $27000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? $69750 $62625 $43125 $93000

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