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On January 1 of this year, Sports World purchased a new cash register for $5,400. This cash register has a useful life of 10 years

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On January 1 of this year, Sports World purchased a new cash register for $5,400. This cash register has a useful life of 10 years and a residual value of $400. Using the double declining balance method, how much depreciation expense should SportsWorld recognize for next year? 1 O a. $864 Ob $500 O c. $1,000 Od $540 O e. $1,080

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