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A primary producer invested in a new tractor. It cost 240,000 and she thinks it will last for 10 years or 20,000 hours at which

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A primary producer invested in a new tractor. It cost 240,000 and she thinks it will last for 10 years or 20,000 hours at which time its value will be 40,000. In the first year the tractor was used for 3,000 hours and 4,000 hours in the second year. The reducing balance method is to be approximated at 2 times the straight line rate. Only use digits 0-9. Do not use any form of punctuation. Calculate the depreciable amount: Calculate depreciation in the first year using: Straight Line: UOP: Reducing Balance: Calculate depreciation in the second year using: Straight Line: UOP: Reducing Balance: Which method provides for the lowest profit for the farmer in Year 17

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