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Sunland Company purchased a depreciable asset for $630000. The estimated salvage value is $45000, and the estimated useful life is 10 years. The double-declining balance

Sunland Company purchased a depreciable asset for $630000. The estimated salvage value is $45000, and the estimated useful life is 10 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset?

$126000

$58500

$76500

$100800

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