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An organization has just acquired new computer equipment. The equipment cost $50,000. The computer equipment is expected to have a 5 year useful life and
- An organization has just acquired new computer equipment. The equipment cost $50,000. The computer equipment is expected to have a 5 year useful life and a salvage value of $3,000. Calculate the five years of depreciation using straight line, double declining balance, and sum-of-the-years digits.
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