Illustrate what is the book value at the end of second yr

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A company purchased equipment valued at $200,000 on January 1. The equipment has an estimated useful life of six years or five million units. The equipment is estimated to have a salvage value of $13,400. Assuming the double declining balance method of depreciation, what is the book value at the end of the second year if 1.5 million units were produced?

Reference no: EM13123871

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