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Business, 25.11.2020 14:00 deshaunmosley66

A company bought a piece of equipment for $47,200 and expects to use it for eight years. The company then plans to sell it for $5,000. The company has already recorded depreciation of $40,899.57. Using the double-declining-balance method, what is the company's annual depreciation expense for the upcoming year

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A company bought a piece of equipment for $47,200 and expects to use it for eight years. The company...
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