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Accelerated Methods Comparison Illustration: ( HW ) FACTS Lynch Inc. purchases equipment with a 5 - year life for $ 1 0 , 0 0

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Accelerated Methods Comparison
Illustration: (HW)
FACTS Lynch Inc. purchases equipment with a 5-year life for $10,000(no salvage value) on July 1,2025. The company's fiscal year ends on December 31,2025. Lynch decides to use either the sum-of- the-years'-digits method or the double-declining-balance method.
QUESTION How would you compute depreciation for these two methods for 2025,2026, and 2027?
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