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a. Compute depreciation expense using the Straight-line method for 2016 and 2017. 2016: no 2017:5Oo b. Compute depreciation expense using the Double Declining Balance method

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a. Compute depreciation expense using the Straight-line method for 2016 and 2017. 2016: no 2017:5Oo b. Compute depreciation expense using the Double Declining Balance method for 2016 and 2017. 2016: 2017: Compute the gain or loss on the sale of equipment using the following data (1 Point): 2. $55,000 Cost of Equipment: Accumulated Depreciation-Equipment Cash received from sale: $24,000 $32,000

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