Determine the depreciation schedules

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An equipment costing $20,000 for assembling an electronics assembly is being considered by Sam Electronics in Cookeville, Tennessee. The equipment will have a salvage value of $5000 at the end of its life of 4 years. The equipment falls under three-year property class as per MACRS depreciation method.

Determine the depreciation schedules and end of year book values using both Straight line and MACRS depreciation.

Reference no: EM131316362

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