A company purchased a computer system at a cost of $32,000. The estimated useful life...
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A company purchased a computer system at a cost of $32,000. The estimated useful life is 7 years, and the estimated residual value is $6,000. Assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.) Multiple Choice $0,781 $8,031 $6,531 $5,781
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