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What the depreciation charge in the third year will be

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Question 1: A company buys a piece of machinery for $50,000 and it estimates the life of the machine to be four years, after which it will have a salvage value of $10,000. Using the double-declining-balance method of depreciation, the depreciation charge in the third year will be:

Option a. $6,250.

Option b. $12,500.

Option c. $2,500.

Reference no: EM132489911

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