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Sandblasting equipment acquired at a cost of $89,000 has an estimated residual value of $5,000 and an estimated useful life of 10 years. It was

Sandblasting equipment acquired at a cost of $89,000 has an estimated residual value of $5,000 and an estimated useful life of 10 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31.

How do I figure the depreciation using the double declining method for year 1 and year 2?

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