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An equipment asset costs $75,000 and has an estimated resell value of $18,000 at the end of its 5 year life. Calculate the depreciation for
An equipment asset costs $75,000 and has an estimated resell value of $18,000 at the end of its 5 year life. Calculate the depreciation for the life of the equipment using: a. Straight line method (5) b. Double Declining Balance method (15) Show the depreciation for all appropriate years.
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