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Blossom Company purchased a depreciable asset for $382000. The estimated salvage value is $21000, and...

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Accounting

image Blossom Company purchased a depreciable asset for $382000. The estimated salvage value is $21000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? $45125$66937$95500$71625

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