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On October 1, 20x1, Bergen Inc. purchased a car for $32446. Bergen decided to use...

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Accounting

On October 1, 20x1, Bergen Inc. purchased a car for $32446. Bergen decided to use the diminishing balance method to depreciate the car at the rate 32 %. The expected residual value for the car is $6064. What would be the amount charged for depreciation by Bergen for the year ended December 31, 20x2?

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