Compute the straight line and sum of year digits

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Reference no: EM131003036

Compute the straight line and SOYD (sum of year digits) depreciation. Show the annual allowances and the resulting book values using both methods in a tabular format.

Cost of assets = $30,000

Useful Live = 5 years

Estimated Salvage Value = $5,000

Reference no: EM131003036

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