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On January 1 , Year 1 , Wu Company purchased a copy machine. The machine costs $ 3 2 0 , 0 0 0 ,

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On January 1, Year 1, Wu Company purchased a copy machine. The machine costs $320,000, its estimated value is $20,000.
What is the depreciation expense for Year 2 using double-declining-balance method?
Select one:
A. $80,000
B. $60,000
C. $52,500
D. $35,000
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