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The company purchased a computer system at a cost of $100,000. The estimated useful life 7 years and the estimated residual value is $15,000. Assuming

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The company purchased a computer system at a cost of $100,000. The estimated useful life 7 years and the estimated residual value is $15,000. Assuming the company will use the 175%-declining balance method what is the depreciation expense for the second year? $25,000 $21.250 $18.750 $12.143 Previous

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