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- Technical University Koorte My courses 20202 (2) - (2) - Moreno Company purchased equipment for $900,000 on January 1, 2016, and will use the

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- Technical University Koorte My courses 20202 (2) - (2) - Moreno Company purchased equipment for $900,000 on January 1, 2016, and will use the double- declining-balance method of depreciation. It is estimated that the equipment will have a 3-year life and a $40,000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2018 will be Lion Select one: 2. $60,000. b. $100,000. C-S68.880. d. $108,880

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