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Marlow Company purchased a point of sale system on January 1 for $6,400. This system has a useful life of 5 years and a salvage

Marlow Company purchased a point of sale system on January 1 for $6,400. This system has a useful life of 5 years and a salvage value of $900. What would be the depreciation expense for the second year of its useful life using the double-declining balance method? Multiple Choice $2.560 $2.200 51100 $1472 S1536

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