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Answer the following independent situations in the space provided in your Answer Sheet. Part A The Rourke Group bought a tractor on January 1, 2005

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Answer the following independent situations in the space provided in your Answer Sheet. Part A The Rourke Group bought a tractor on January 1, 2005 for $65,000. They use the declining balance depreciation method with a 30% rate. 1. Calculate the depreciation for the year ended December 31, 2005. 2. Calculate the depreciation for the year ended December 31, 2006

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