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11-10-2022
Business

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marlow company purchased a point of sale system on january 1 for $6,600. this system has a useful life of 10 years and a salvage value of $1,000. what would be the depreciation expense for the second year of its useful life using the double-declining-balance method? multiple choice $1,056. $1,120. $1,320. $992. $560.

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