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Find the amount of depreciation expense recognized

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Problem - Eckman Company purchased equipment for $120,000 on January 1, 2016, 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 2018?

Reference no: EM132991562

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