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1. Fill in the book value at the end of year one under each depreciation method when residual value is $36,000, and the salvage value
1. Fill in the book value at the end of year one under each depreciation method when residual value is $36,000, and the salvage value is
$36, 000 useful life is four years:
I need the answers to complete the output, straight line, & double declining.
2. Fill in depreciation expense in year three under each depreciation method when residual value is $30,000 and the Salvage value is $30,000 useful life is three years:
May you explain this step by step?
Depreciation method: | |
Straight-line | |
Units-of-Output | |
Double-declining
Cost-$30,000 and $36,000 |
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