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Tracker Inc. purchased equipment at a cost of $560098. The equipment's estimated useful life is 8 years. The estimated residual value of the asset is

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Tracker Inc. purchased equipment at a cost of $560098. The equipment's estimated useful life is 8 years. The estimated residual value of the asset is $57324 Using the double declining balance method the net book value of the equipment at the end of year 3 will be Select one: O a $375222 b. $315055 C. $236291 O d. 5212108 Check

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