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Sunland Company purchased equipment for $1062000 on Jamury 1,2020 , and will use the double-declining-balance method of depreciation. It is estimated that the equipment will

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Sunland Company purchased equipment for $1062000 on Jamury 1,2020 , and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 3 -year life and a $34000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2022 will be $84000 $92880 $126880; $118000

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