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Saved Kansas Enterprises purchased equipment for $77,000 on January 1, 2024. The equipment is expected to have a ten-year service life, with a residual

Saved Kansas Enterprises purchased equipment for $77,000 on January 1, 2024. The equipment is expected to have a ten-year service life, with a residual value of $6,600 at the end of ten years. Using the double-declining balance method, depreciation expense for 2024 would be: (Do not round your intermediate calculations) Multiple Choice

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