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Mohr Company purchases a machine at the beginning of the year at a cost of $39,000. The machine is depreciated using the double-declining-balance method. The

Mohr Company purchases a machine at the beginning of the year at a cost of $39,000. The machine is depreciated using the double-declining-balance method. The machines useful life is estimated to be 5 years with a $5,000 salvage value. Depreciation expense in year 2 is:

Multiple Choice

  • $23,400.

  • $15,600.

  • $9,360.

  • $7,800.

  • $13,600.

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