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4. Calculate the annual depreciation expense for the first full year in the life of an asset that cost $5,000 and has an estimated salvage

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4. Calculate the annual depreciation expense for the first full year in the life of an asset that cost $5,000 and has an estimated salvage value of $1,000 with an estimated life of either 4 years or 12,000 units, using these different depreciation methods: Straight Line Double Declining Balance Units of Production (2,000 units)

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