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

On January 1 of this year, SportsWorld purchased a new cash register for $5,400. This 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?

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