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ZBB Corp. has a fiscal year end of December 31st and uses the double declining balance depreciation method. On January 1st, 2019 ZBB purchased a
ZBB Corp. has a fiscal year end of December 31st and uses the double declining balance depreciation method. On January 1st, 2019 ZBB purchased a super computer at a cost of $120,000 with a residual value of $30,000 and an estimated useful life of 4 years. Assume the annual straight line depreciation rate is 25%.
How much depreciation expense would be recorded for this computer in 2019?
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