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The cost of an asset is $1,160,000, and its residual value is $250,000. Estimated useful life of the asset is ten years. Calculate depreciation for

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The cost of an asset is $1,160,000, and its residual value is $250,000. Estimated useful life of the asset is ten years. Calculate depreciation for the first 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. $232,000 OB. $116,000 OC. $91,000 OD. $182,000

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