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5. Compute Depreciation on the following assets: AssetCost Residual Acquisition Useful Life Depreciation Value Date in Years Method Used $0 January 2, 17 26,000 January

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5. Compute Depreciation on the following assets: AssetCost Residual Acquisition Useful Life Depreciation Value Date in Years Method Used $0 January 2, 17 26,000 January 3, 16 12,000 July 1, 16 50 Double-dedlining Buildings $100,000 balance Straight-line 5 Office Equip Store Equip 246,000 10 Straight-line 112,000

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