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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 $152,000. The asset is expected to have salvage value of $16,300 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be: Multiple Choice $136,800 $32,832 $29,592 $44,388 888

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