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Question 7 0.6 points Save Ans A company purchased factory equipment for $450,000. It is estimated that the equipment will ha
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Answer #1

Double declining rate = 200/Useful life = 200/5 = 40%

Depreciation for first year = 450,000*40% = 180,000

Depreciation for second year = (450,000-180,000)*40% = 108,000

Option B is the answer

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