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The amount of the depreciation expense for the second full year of use of a fixed asset costing $100,000, with an estimated residual value of

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The amount of the depreciation expense for the second full year of use of a fixed asset costing $100,000, with an estimated residual value of $5,000 and a useful life of four years, is $25,000 by the double-declining-balance method. True False

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