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A special equipment costs $12,000 with a salvage value of $1,550 and a useful life of 4 years. Using the double declining balance method, what is the book value at the end of year 3?"
A. $1,550 B. $1,450 C. $1,000 D. $2,000 E. $3,000 F. No correct answer
Sagot :
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