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Marlow Company purchased a computer system on January 1 for $5,000. This system has a useful life of 5 years and a salvage value of

Marlow Company purchased a computer system on January 1 for $5,000. This system has a useful life of 5 years and a salvage value of $500. What would be the accumulated depreciation at the end of the second year of its useful life using the double-declining-balance method

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