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Wildhorse Company purchased a depreciable asset for $ 9 6 0 0 0 on January 1 . The estimated salvage value is $ 1 5
Wildhorse Company purchased a depreciable asset for $ on January The estimated salvage value is $ and the estimated useful life is years. The doubledeclining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset?
Please round the doubledeclining balance rate to decimal places, eg or in your intermediate calculations.
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