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Question 1: On June 1, 2017, Bushong Company purchased equipment at a cost of $12,600. The equipment had an estimated useful life of 5 years or 30,000 hours. The equipment will have a $1,200 salvage value at the end of its life. The equipment was used 6,500 hours in 2017. The depreciation expense for the year ending December 31, 2017, using the double-declining-balance method would be
Option a 2940
Option b 1140
Option c none
Option d 2280
Option e 2520
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