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At the beginning of Year 1 , Copeland Drugstore purchased a new computer system for $ 5 2 , 0 0 0 . It is

At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $52,000. It is expected to have a five-year life and a $7,000 salvage value.
\table[[$52,000,$7,000,5]]
Required:
a-1. Compute the depreciation, assuming that the company uses straight-line depreciation.
Straight-line depreciation $$9,000
a-2. Compute the depreciation for each of the five years, assuming that the company uses double-declining-balance depreciation. Note: Leave no cells blank - be certain to enter "0" wherever required. You may enter the hardcoded number "2" when calculating the depreciation expense.
\table[[,\table[[Depreciation],[Expense]]],[Year 1,$20,800.00
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