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What the annual depreciation expense recorded

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Question - A plant asset cost $288,000 and is estimated to have a $36,000 salvage value at the end of its 8-year useful life. What the annual depreciation expense recorded for the third year using the double-declining-balance method?

a. $35,436.

b. $40,500.

c. $27,570.

d. $24,120.

Reference no: EM133022252

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