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What is the amount of depreciation expense

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Question - On January? 2, 2019, Mumford Corporation acquired equipment for $50,000. The estimated life of the equipment is 4 years. The estimated residual value is $8,000. What is the amount of depreciation expense for? 2020, if the company uses the double-declining-balance method of? depreciation?

Reference no: EM132917059

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