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Problems . [Depreciation methods; CFAD adapted) An analyst gath `ered the following information about a fixed asset purchased by a company . Purchase price: $12,000,000 . Estimated useful life: 5 years . Estimated salvage value: $2,000,000 Compute the depreciation expense for this asset over its useful life using each of the following methods (1) Straight-line (if) Sum-of-years' digits (SYD) (ili) Double-declining balance