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Business, 22.05.2020 06:59 tagerryawilson6

A company purchases office furniture on January 1, 2102 for $28,000. Depreciation is charged at 10 percent per annum using the declining balance method. What will the book value of the asset on December 31, 2013?
a.22,680
b.22,400
c.22,000
d.5,600

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