Question: Using double-declining balance method, how much is the accumulated depreciation for the third year (round up to zero decimal point)? Cost: $30,000 Salvage Value: $3,000

Using double-declining balance method, how much is the accumulated depreciation for the third year (round up to zero decimal point)? Cost: $30,000 Salvage Value: $3,000 Useful life: 3 years O $26,000 O $27,000 O $28,820 O $29,000

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