Question: explain ing Enabled Acct 201 Final (CH-10, pooled, algo) Help Save A Sutimit TB MC Qu. 7.124 A company purchased a computer system... A company

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ing Enabled Acct 201 Final (CH-10, pooled, algo) Help Save A Sutimit TB MC Qu. 7.124 A company purchased a computer system... A company purchased a computer systemet a cost of $24,000 The estimated useful life is 7 years, and the estimated resident value is $3,000 Assuming the company uses the double-declining balance method, what is the depreciation expense for the second year? (Do not round your Intermediate calculations, Round your answer to the nearest whole dollar amount.) Multiple Choice 54,148 $7148 $4,898 $6,398

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