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Welding equipment was purchased at a cost of $12,900. Using the double-declining-balance method of depreciation, a 10-year life, and no scrap value, find the
Welding equipment was purchased at a cost of $12,900. Using the double-declining-balance method of depreciation, a 10-year life, and no scrap value, find the accumulated depreciation at the end of the 4th year. What is the book value at the end of 2 years?
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