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ABC Inc., a profitable corporation purchased an equipment for $20,000. The equipment may be depreciated using the SOYD depreciation method for 5 years with a

ABC Inc., a profitable corporation purchased an equipment for $20,000. The equipment may be depreciated using the SOYD depreciation method for 5 years with a salvage value of $5,000. Develop depreciation schedules and find the BV for year 4 ? 6000 5000 8000 11000

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