Solution-What is the depreciation expense for each years

What is the depreciation expense for each years

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Question - On 1/1/2011, ABC Company purchased a piece of equipment costing $60,000. The equipment is expected to have a useful life equal to 4 years and a salvage value equal to $10,000. What is the depreciation expense for each for the following years under i) straight-line depreciation method ii) double-declining balance method ii) sum-of-years'-digits' method?

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What is the depreciation expense for each years

Reference no: EM132156310

Reference no: EM132156310

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