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Compute depreciation expense for the year ending December 31, 2011, if the company uses the double-declining-balance method of depreciation.

05 / 03 / 2018 Assignment

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Deland Company purchased
equipment on March 1, 2010, for $130,000. The residual value is $40,000 and the
estimated life is 10 years or 60,000 hours. Compute depreciation expense for
the year ending December 31, 2011, if the company uses the
double-declining-balance method of depreciation.

A) $21,666

B) $20,800

C) $26,333

D) $24,666


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