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Question 13 (1 point) Assuming a five-year life, a cost of $40,000, and an estimated net salvage value of $8,000, what would be the depreciation

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Question 13 (1 point) Assuming a five-year life, a cost of $40,000, and an estimated net salvage value of $8,000, what would be the depreciation for the second year of the life of an asset if the double-declining-balance method is used? $6,400 O $8,000 $9,600 $16,000

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