The cost of an asset is $1,020,000, and its residual value is $160,000. estimated useful life of the asset is five years. calculate depreciation for the second year using the double-declining-balance method of depreciation. (do not round any intermediate calculations, and round your final answer to the nearest dollar.)

using the DD method the depreciation expense for the second year will be: 244,8‬00

Explanation:

Double declining rate:

(1/5) x 2 = 2/5 = 40%

first year depreciation expense 1,020,000 x 40% = 408,000

carrying value 1,020,000 - 408,000 = 612,000

second year dep expense 612,000 x 40% = 244,8‬00

107x106 is the answer

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants