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XYZ Company acquired the building on 1 March 2020 for $1,300,000. Estimated salvage value was $240,000, estimated useful life was 15 years. Determine double declining
XYZ Company acquired the building on 1 March 2020 for $1,300,000. Estimated salvage value was $240,000, estimated useful life was 15 years. Determine double declining balance depreciation for the third year.
A $133,531
B $144,444
C $108,879
D $130,193
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