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Sandhill Company purchased a depreciable asset for $391000. The estimated salvage value is $26000, and the estimated useful life is 8 years. The double-declining

Sandhill Company purchased a depreciable asset for $391000. The estimated salvage value is $26000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? O $97750 O $45625 O $68625 O $73313

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