An asset having a first cost of ` 1,150,000 is expected to have a life of 12

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An asset having a first cost of ` 1,150,000 is expected to have a life of 12 years with a salvage value of ` 100,000. In what year does the depreciation charge by the straight-line method first exceed the depreciation charge allowed by the

a. sum of years method and

b. double declining balance method?

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