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Find the amount of depreciation expense recognized

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Reference no: EM132615174

Question - Eckman Company purchased equipment for $120,000 on January 1, 2017, and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 5-year life and a $6,000 salvage value at the end of its useful life. Find the amount of depreciation expense recognized in the year 2019?

a. $17,280.

b. $27,360.

c. $28,800.

d. $16,416.

Reference no: EM132615174

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