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A used piece of depreciable property was bought for $20,000. If it has a useful life of 10 years and a salvage value of $500,
A used piece of depreciable property was bought for $20,000. If it has a useful life of 10 years and a salvage value of $500, and you use the 150% declining balance schedule, how much will it be depreciated in the 3rd year? Use Excel
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