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3. Fred of Todd Enterprises has purchased a tractor for 125,000. Assume a 8 year useful life and a salvage value of $15,000. Calculate the

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3. Fred of Todd Enterprises has purchased a tractor for 125,000. Assume a 8 year useful life and a salvage value of $15,000. Calculate the depreciation for each year of the useful life using a. Sum-of-years-digits method b. Double declining-balance method C. Straight-line method

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