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9.9 Consider the following data on an asset: Cost of the asset, / Useful life, N Salvage value, s $120,000 5 years $30,000 Compute the

9.9 Consider the following data on an asset: Cost of the asset, / Useful life, N Salvage value, s $120,000 5 years $30,000 Compute the annual depreciation allowances and the resulting book values, using the following methods: (a) The straight-line depreciation method (b) The declining-balance method

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