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An equipment has a total initial cost of $9000 with a 5 years useful life. Assume a salvage value of $750. Prepare a yearly depreciation
An equipment has a total initial cost of $9000 with a 5 years useful life. Assume a salvage value of $750. Prepare a yearly depreciation schedule showing the depreciation charges and book values at each year using:
a) Straight-line depreciation method b) Sum-of-years-digits c) Double Declining Method d) MACRS
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