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Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. 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 $24,000. The machine is depreciated using the double-declining-balance method. The machines useful life is estimated to be 5 years with a $4,000 salvage value. Depreciation expense in year 2 is :

  • $4,800.

  • $8,000.

  • $9,600.

  • $5,760.

  • $14,400.

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