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Question 25 (1 point) A computer system was purchased on January 1, Year 1, for $16,000. It has an expected useful life of 10 years,

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Question 25 (1 point) A computer system was purchased on January 1, Year 1, for $16,000. It has an expected useful life of 10 years, and a salvage value of $2,000. What is the depreciation expense for the SECOND year if the company uses double declining balance? Some other amount $2,880 $2,560 $2,640 $1,600

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