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October 24, 2014

Homework Help: Math

Posted by Kara on Thursday, July 9, 2009 at 12:34am.

An asset is purchased for $50,000. It has an estimated useful life of eight years and salvage value of $6,000.if the asset is depreciated using the double-declining balance method,what are the depreciation expense and book value at the end of year two?

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