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25 Broadway Ltd purchased equipment on 1/1/14 for $500,000 estimating a four year life and no residual value. In 2014 and 2015, Broadway depreciated the

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25 Broadway Ltd purchased equipment on 1/1/14 for $500,000 estimating a four year life and no residual value. In 2014 and 2015, Broadway depreciated the asset using sum-of-the-years digits. In 2016 Broadway switched to straight line. What is depreciation in 2016 75,000 125,000 150,000 none of these is correct

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