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a. From the information provided in the schedule below, calculate the annual and monthly depreciation expense for all of the equipment, assuming an expected useful
a. From the information provided in the schedule below, calculate the annual and monthly depreciation expense for all of the equipment, assuming an expected useful life of 5 years, using the straight-line, sum-of-the-years' digits, double-declining balance, and MACRS (3 and 5 year) methods of depreciation. You do not need to calculate monthly expense for the MACRS methods. (as of 6/30/X1) Salvage Unit Cost Value Market Value $ $ Truck Wagon Auto 18,000 14,400 12,600 1,800 1,440 1,260 16,000 14,000 12,900 Totals $ 45,000 $ 4,500 $ 42,900 Using Excel, set up and complete the following 5 depreciation schedules
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