A company purchased a cash register on January 1 for $5,400.This register has a useful life of 10 years and a salvage value of $400.What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?
A) $ 500.
B) $ 800.
C) $ 864.
D) $1,000.
E) $1,080.
Correct Answer:
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