Depreciation expense for the second year

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Reference no: EM13827185

Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?

$ 680.

$ 480.

$ 544.

$600.

Reference no: EM13827185

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