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Use the following information for question 47-49 On January 1, 2017, Bronson Co. purchased some equipment that initially cost $52, 800 Additional cost included freight

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Use the following information for question 47-49 On January 1, 2017, Bronson Co. purchased some equipment that initially cost $52, 800 Additional cost included freight cost $300, non-refundable taxes $6, 400, and installation $500. Estimated residual value is $2,000. The company uses a straight-line rate of 10% Depreciation expense for 2017 was $6, 130 $5, 900 $5, 800 $ 5, 930 Accumulated depreciation at the end of 2019 would be $17, 400 $ 17, 700 $ 17, 790 $18, 390 What would the depreciation expense be for 2017 if Bronson Co. used the double -declining-balance method? $12, 200 $ 12,000

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