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A piece of equipment is purchased for $ 4 0 , 0 0 0 and has an estimated salvage value of $ 1 , 0
A piece of equipment is purchased for $ and has an estimated salvage value of $ at the end of the recovery period. Prepare a depreciation schedule for the piece of equipment using the straightline method with a recovery period of five years. Upload your schedule in an excel file to this question.
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