Regina 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) $1,080
D) $1,000.
E) $864.
Ans: E) $864.
Business
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