Business
Business, 26.11.2021 01:00, ultimatesaiyan

Instructions Equipment was acquired at the beginning of the year at a cost of $637,500. The equipment was depreciated using the double-declining balance method based on an estimated useful life of 9 years and

an estimated residual value of $43,195

a. What was the depreciation for the first year? Round your intermediate calculations to 4 decimal places. Round the depreciation for the year to

the nearest whole dollar

please help me i’ve been trying so solve it & i can’t seem to understand it.

answer
Answers: 2

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Instructions Equipment was acquired at the beginning of the year at a cost of $637,500. The equipm...

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