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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of...

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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $156.000. The asset is expected to have a salvage value of $16,400 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asser's book value on December 31, Year 2 will be: Multiple Choice $30,456 33,696 $84,240 $140.400 $45,684

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