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Tackett Manufacturing purchased equipment for $72,000 on January 1, 2021 The equipment is expected to have a five-year service life with a residual value of

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Tackett Manufacturing purchased equipment for $72,000 on January 1, 2021 The equipment is expected to have a five-year service life with a residual value of $6,450 at the end of five years. Using the double-declining balance method, depreciation expense for 2021 would be: Numeric Response

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