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QUESTION
What is the amount of depreciation, using the double-declining-balance method, for the third year of use for equipment costing $9,000, with an
What is the amount of depreciation, using the double-declining-balance method, for the third year of use for equipment costing $9,000, with an estimated residual value of $600 and an estimated life of three years? 1.$6,000 2. $400 3. $3,000 4. $667 5. $2,000
