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The cost of an asset is $1,160,000, and its residual value is $170,000. Estimated useful life of the asset is five years. Calculate depreciation for

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The cost of an asset is $1,160,000, and its residual value is $170,000. Estimated useful life of the asset is five years. Calculate depreciation for the second year using the double-declining - balance method of depreciation O A. $232,000 B. $396,000 OC. $278,400 e D. $190,000

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