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The depreciation data for a property are as follows: Book Value = $354,542 Salvage value = $76,502 Depreciable life = 5 years Compute the second

The depreciation data for a property are as follows:

Book Value = $354,542

Salvage value = $76,502

Depreciable life = 5 years

Compute the second year depreciation (d₂) for the asset using double declining balance method

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