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11-13 The Acme Chemical Processing Company paid $50,000 for research equipment, which it believes will have zero salvage value at the end of its 5-year

11-13 The Acme Chemical Processing Company paid $50,000 for research equipment, which it believes will have zero salvage value at the end of its 5-year life. Compute the depreciation schedule using: (a) Straight line (b) Sum-of-years'-digits

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