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What is the amount of depreciation

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Problem - What is the amount of depreciation, using the double-declining-balance method (twice the straight-line rate), for the second year of use for equipment costing $9,000, with an estimated residual value of $600 and an estimated life of three years?

A. $6,000

B. $3,000

C. $2,000

D. $400

Reference no: EM132709458

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