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Frankie co purchased equipment on october 1 2014 what is

Question - Frankie Co. purchased equipment on October 1, 2014. The equipment cost $125,000, has an estimated salvage value of $10,000, and is being depreciated over a twenty year period using the double-declining-balance method. What is the depreciation expense for the year 2015?

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Accounting Basics: Frankie co purchased equipment on october 1 2014 what is

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