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What is the amount of depreciation

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Reference no: EM132752925

Problem - What is the amount of depreciation, using the double-declining-balance method for the second year of use for equipment costing $9,000, with an estimated residual value of $600 and an estimated life of three years?

a. $6,000

b. $3,000

c. $2,000

d. $400

Reference no: EM132752925

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