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Multiple Choice Question 91 A company purchased factory equipment for $630000. It is estimated that the equipment will have a $67000 salvage value at the

Multiple Choice Question 91

A company purchased factory equipment for $630000. It is estimated that the equipment will have a $67000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be

$225200.

$104160.

$252000.

$151200.

Its a multipule choice question please help!!!

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