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The cost of an asset is $ 1 comma 050 comma 000$1,050,000, and its residual value is $ 150 comma 000$150,000. Estimated useful life of

The cost of an asset is

$ 1 comma 050 comma 000$1,050,000,

and its residual value is

$ 150 comma 000$150,000.

Estimated useful life of the asset is

eighteight

years. Calculate depreciation for the second year using the double-declining-balance method of depreciation. (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)

options

A.112,500

B. 196,875

C. 225,000

D. 131, 250

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