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15. At the beginning of the year a depreciable asset was purchased which has a cost of $80,000 and a salvage value of $20,000. The

15.

At the beginning of the year a depreciable asset was purchased which has a cost of $80,000 and a salvage value of $20,000. The asset has a three-year life. If depreciation in the third year amounted to $10,000, which depreciation method was used?

Sum-of-the-years digits

Straight-line

Cannot tell from information given

Double Declining-Balance

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