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Business, 10.11.2019 02:31 taytay1828

On january 1, year 1, london corp. purchases equipment for $400,000. the equipment has a 5-year service life and a $50,000 residual value. london uses the double-declining-balance method of depreciation. what is the book value at the end of year 1?

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On january 1, year 1, london corp. purchases equipment for $400,000. the equipment has a 5-year serv...
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