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It was driven 18,000 miles in 2010 and 32,000 miles in 2011. What is the depreciation expense for 2011? A. $20,000 b. $53,333 c. $19,200 d. $32,000 Kinder Company purchased a depreciable asset for $200,000. The estimated salvage value is $10,000, and the estimated useful life is 10,000 hours. Kinder used the asset for 1,100 hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset? Jamar Company purchased a depreciable asset for $150,000. The estimated salvage value is $10,000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? A. $17,500 b. $26,250 c. $28,125 d. $37,500 Engels Company purchased a depreciable asset for $600,000. The estimated salvage value is $30,000, and the estimated useful life is 10,000 hours. Engels used the asset for 1,100 hours in the current year. The activit
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