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Homework Answers
Answer = E) $23,400
Double Declining Balance Rate = 1/Life *2 =(1/5)*2 =40%
Depreciation of 2010 = 45,000*40%*6/12 = 9,000
Depreciation of 2011= (45000-9,000)*40% = 14,400
Accumulated Depreciation = 9,000+14,400 = $23,400 (Answer)
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