An asset has a cost of $50,000 with a residual value of $10,000.It has a life of 5 years and was purchased on January 1.Its fourth full year of depreciation expense under double-declining-balance will be:
A)$7,200.
B)$4,320.
C)$800.
D)$0.

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The Answer of An asset has a cost of $50,000 with a residual value of $10,000.It has a life of 5 years and was purchased on January 1.Its fourth full year of depreciation expense under double-declining-balance will be:
A)$7,200.
B)$4,320.
C)$800.
D)$0.

An Asset Has a Cost of $50,000 with a Residual