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Business, 14.04.2020 19:05 aubreymoore4553

The cost of an asset is 1,100.000 ands its residual value is 140,000 estimated useful life of the asset is eight years. Calculate the depreciation for the second year using double declining balance method of depreciation.
A) $266,400.
B) $324,000.
C) $162,000.
D) $222,000.

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