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1. An asset is purchased and installed in 2020 at a cost of $36,000. The asset has an 8year depreciation life and an estimated salvage

1. An asset is purchased and installed in 2020 at a cost of $36,000. The asset has an 8year depreciation life and an estimated salvage value of zero. Determine the depreciation amount Dn for each of the first 3 years and the book balance (book value) BBn at the end of each of those years, using the following depreciation methods: SL, SOYD, 150% DB

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