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Marlow Company purchased a point of sale system on January 1 for $3.400. This system has a useful ife of 10 years and a salvage

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Marlow Company purchased a point of sale system on January 1 for $3.400. This system has a useful ife of 10 years and a salvage value of $400 What would be the accumulated depreciation at the end of the second year of its useful life using the double-declining balance method $2,176. $544 $1,200. $600. $1,224

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