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What the depreciation

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Question - Cutter Enterprises purchased equipment for $102,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $5,700.

Using the double-declining balance method, what the depreciation for 2019?

a. $24,480.

b. $40,800.

c. $23,112.

d. None of these answer choices are correct.

Reference no: EM132740854

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