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Compute the amount of depreciation for each years 1 to 3

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Reference no: EM131028823

Instructions:

(a) Compute the amount of depreciation for each Years 1 through 3 using the straight-line depreciation method.

Straight-line method depreciation for each of Years 1 through 3 is computed as:

See attached

(b) Compute the amount of depreciation for each Years 1 through 3 using the sum-of-years digits depreciation method.

See attached

(c) Compute the amount of depreciation for each Years 1 through 3 using the double-declining balance method. (In performing your calculations, round constant percentage to the nearest one-hundredth of a point and round answers to the nearest dollar.)

Attachment:- depreciation.zip

Reference no: EM131028823

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