A company purchased office equipment for 350000 it is

Reference no: EM13605060

A company purchased office equipment for 350000. it is estimated that the equipment will have a 35000 salvage value at the end of its estimated 5 year useful life. If the company uses the double declining balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be?

Reference no: EM13605060

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