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Help Save & Nantucket purchased a computer system on January 1, 2019, at a cash cost of $25,000. The estimated useful life is 10 years, and the alue is $3,000. The company will use the double declining-balance depreciation method. Lulated depreciation balance as of December 31, 2019? 8.520 $4.000. $7.920 $5,000 Newberry Company Nantucket purchased a computer system on January 1, 2019, at a cash cost of $25,000. The estimated 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, 2019? Multiple Choice $8.520 $4.000 $7.920
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