Question 6 Dakota Corp purchased equipment for $80,000 on January 1, 2020 The equipment is expected...

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Question 6 Dakota Corp purchased equipment for $80,000 on January 1, 2020 The equipment is expected to have a five-year life, with a residual value of $10.000 at the end of five years. Using the double-declining balance method, depreciation expense for 2020 would be O $20,000 $28,000 3 pts $32,000 $14.000 Question 6 Dakota Corp purchased equipment for $80,000 on January 1, 2020 The equipment is expected to have a five-year life, with a residual value of $10.000 at the end of five years. Using the double-declining balance method, depreciation expense for 2020 would be O $20,000 $28,000 3 pts $32,000 $14.000

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