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Marlow Company purchased a point of sale system on January 1 for $7,300. This system has a useful life of 5 years and a salvage

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Marlow Company purchased a point of sale system on January 1 for $7,300. This system has a useful life of 5 years and a salvage value of 51.350 . What would be the depreciation expense for the second year of its useful life using the double-declining-balance method? $1752 $1,190 $2.380. $1,688 $2.920

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