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Determine the second-year depreciation using straight-line

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Question 1: Computer equipment was acquired at the beginning of the year at a cost of $50,921 that has an estimated residual value of $3,415 and an estimated useful life of 4 years. Determine the second-year depreciation using the straight-line method.

a. $13,584.00

b. $12,730.25

c. $11,876.50

d. $23,753.00

Reference no: EM132586288

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