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What will be balance in accumulated depreciation at December

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Question - On January 2, 2011, X Company purchased equipment for $240,000. The equipment has an estimated useful life of 5 years and an estimated salvage value of $30,000. The equipment is being depreciated using the double-declining balance method. What will be the balance in accumulated depreciation at December 31, 2012?

Reference no: EM133058091

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