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ts The cost of an asset is $1,150,000, and its residual value is $210,000. Estimated useful life of the asset is four years. Calculate depreciation

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ts The cost of an asset is $1,150,000, and its residual value is $210,000. Estimated useful life of the asset is four years. Calculate depreciation for the first year using the double-declining - balance method of depreciation A. $470,000 B. $235,000 OC. $575,000 D. $287.500

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