Calculate depreciation for year 2 based on the following information: Historical cost...
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Accounting
Calculate depreciation for year 2 based on the following information:
| Historical cost | $100,000 |
| Useful life | 5 years |
| Salvage value | $3,000 |
| Year 1 depreciation | $19,400 |
A) 7400
B) 19400
C) 20000
D) 20600
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