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3. A refrigerator in a cafeteria with a shelf life of 8 years cost $ 5,250 and has no residual. a.Calculate depreciation using the straight-line

3. A refrigerator in a cafeteria with a shelf life of 8 years cost $ 5,250 and has no residual.

a.Calculate depreciation using the straight-line depreciation method and the declining-balance method.

b.Make the wage entries for each depreciation method.

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