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Business, 23.03.2021 01:00 Angelav3

chager Company purchased a computer system on January 1, 2019, at a cash cost of $25,000. The estimated useful life is 10 years, and the estimated residual value is $3,000. The company will use the double declining-balance depreciation method. What is the accumulated depreciation balance as of December 31, 2020? $9,000. $4,000. $7,920. $8,520.

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chager Company purchased a computer system on January 1, 2019, at a cash cost of $25,000. The estima...

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