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3. The following information is known: Cost $ 1,800 Useful Life $ 5 yr. Salvage Value $ 400 a. Calculate the straight-line depreciation for each

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3. The following information is known: Cost $ 1,800 Useful Life $ 5 yr. Salvage Value $ 400 a. Calculate the straight-line depreciation for each year of the asset's useful life. b. What is the MACRS Depreciation for the same asset if it is a 3 year property? C. What is the DDB Depreciation for the same asset each of the years of the asset's useful life? Yr. S.L. MACRS DDB 1 2 3 4 5 b

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