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The cost of an asset is $1,000,000 and its residual value is $280,000. Estimated useful life of the asset is eight years. Calculate depreciation for

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The cost of an asset is $1,000,000 and its residual value is $280,000. Estimated useful life of the asset is eight 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) O A $135,000 B. $202,500 OC 5100,000 D. $200,000

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