Solved: What would be the depreciation expense for the second year, Accounting Basics

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What would be the depreciation expense for the second year

Problem

A company purchased a cash register on January 1 for $6,800. This register has a useful life of 4 years and a salvage value of $1,100. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?

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Accounting Basics: What would be the depreciation expense for the second year

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