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3. Determine the depreciation schedule for an asset that costs $100,000 under the following conditions: a) Straight-line depreciation b) Double-declining balance c) Quarter-declining balance d)
3. Determine the depreciation schedule for an asset that costs $100,000 under the following conditions:
a) Straight-line depreciation
b) Double-declining balance
c) Quarter-declining balance
d) MACRS depreciation over five years
Where applicable, assume a salvage value of $0 and a depreciation period of 5years.
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