Business, 25.12.2019 03:31, reearamrup27

Acompany purchased factory equipment for $250,000. it is estimated that the equipment will have a $25,000 salvage value at the end of its estimated five year useful life. if the company uses the double-declining balance method of deprecation, the amount of annual depreciation recorded for the second year after purchase would be
a. $100,000b. $60,000c. $90,000d. $43,000

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