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Moving to another question will save this response. Question 5 25points On January 2, year 7. X Company purchased equipment for $240,000. The equipment has an estimated useful life of 5 years and an estimated salvage value of $30,000. The equipment is being depreciated using the double-declining-balance method. What will be the balance in accumulated depreciation at December 31 , year 7 , $94,000$96,000$109200$153,600 as Moring to anather question will save this response