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How much depreciation should the company record

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Question - Boring Books Corp. purchased equipment on January 1, 2010 for $75,000. The estimated useful life of the equipment is 5 years, the salvage value is $10,000, and the company uses the double-declining balance method to depreciate fixed assets. How much depreciation should the company record for the fourth year of the equipment's life?

Reference no: EM133093756

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