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On September 1, 2021, CTS Limited purchased an asset for $9,000, with a $1,500 estimated residual value, and an 8-year useful life. The 2021

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On September 1, 2021, CTS Limited purchased an asset for $9,000, with a $1,500 estimated residual value, and an 8-year useful life. The 2021 depreciation expense using the double-declining-balance method would be Multiple Choice $625 $750 $1,875 Movi

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