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also, part B Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method. Question 2 of 36 - /

image text in transcribedalso, part B "Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method."

Question 2 of 36 - / 15 E View Policies Current Attempt in Progress Metlock Company purchases equipment on January 1, Year 1, at a cost of $528,000. The asset is expected to have a service life of 12 years and a salvage value of $47,520. (a) Compute the amount of depreciation for each of Years 1 through 3 using the straight-line depreciation method. (Round answers to 0 decimal places, e.g. 5,125.) Depreciation for Year 1 $ Depreciation for Year 2 $ Depreciation for Year 3 $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Question Part Score --/3

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