Percival Burglar Alarm Systems Company purchased a computer for $1,120. It has an estimated useful life of
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Percival Burglar Alarm Systems Company purchased a computer for
$1,120. It has an estimated useful life of four years and an estimated residual value of $120. Compute the depreciation charge for each of the four years using the double-declining-balance method.
Revision of Depreciation Rates
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