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Equipment is purchased for $80,000. It has an 8 year useful life and $39000 residual value. Under the doubl-declining-balance method, what is the depreciation expense for year 3? a. 6,000 b. 48,000 c. 11,250 d. 8,436 I keep coming up with 11250 but according to the teacher the answer is... View more questions Search
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