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The cost of an asset is $1,090,000, and its residual value is $230,000. Estimated useful life of the asset is ten years. Calculate depreciation

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The cost of an asset is $1,090,000, and its residual value is $230,000. Estimated useful life of the asset is ten years. Calculate depreciation for the second year using the double-declining - balance method of depreciation. A. $174,400 B. $109,000 c. $172,000 D. $86,000

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