Question: You purchase a printer for $100 and it is supposed to last for 5 years. Assume that the salvage value of the printer would be

You purchase a printer for $100 and it is supposed to last for 5 years. Assume that the salvage value of the printer would be $10. What would be the depreciation expense in the first year if you use double declining balance method? What would be the depreciation expense in the third year?

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