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A company has a capital cost of $500,000. This cost will be depreciated over a period of 10 years, using the double decline balance method
A company has a capital cost of $500,000. This cost will be depreciated over a period of 10 years, using the double decline balance method for the first 3 years and the straight line depreciation method for the remaining 7. The salvage value is $0. Calculate the depreciation for each year of the 10-year period.
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