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On June 1, 2016, Bagby Co. purchased a new car for $36,000 with a useful life of 8 years and residual value of $4,800. If the company used double-declining-balance computed to the nearest whole year, depreciation
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On June 1, 2016, Bagby Co. purchased a new car for $36,000 with a useful life of 8 years and residual value of $4,800. If the company used double-declining-balance computed to the nearest whole year, depreciation expense for 2017 was?

User Shahzad Afridi
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8 votes

Answer:

$6,750

Step-by-step explanation:

I hope this helps!

User SuperK
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