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Business, 28.05.2020 02:01 ddhsjhs9350

13. 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? (Round your answer to the nearest whole dollar amount.) Multiple Choice $1,575. $10,775. $1,300. $17,200

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