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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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