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Mary 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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Mary 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 $1,350. What would be the depreciation expense for the second year of its useful life using the double-declining balance method? Multiple Choice O $2.300 $1,190 O $1688 $1752 $2,920.

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