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Blue Spruce Corp. purchased a boardroom table for $24,000. The company planned to keep it for four years, after which it was expected to be

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Blue Spruce Corp. purchased a boardroom table for $24,000. The company planned to keep it for four years, after which it was expected to be sold for $2,000 (a) Calculate the depreciation expense for each of the first three years under the straight-line method and the double-diminishingbalance method, assuming the table was purchased early in the first month of the first year. (1) Straight-line method. Year 1 Year 2 5 Year s (2) Double-diminishing balance method. Year 1 5 Year 2 Year 3 syin for bitm Attempts: 0 of 1 used (b) The parts of this question must becompieted in order. This part will be availablewhen you complete the part abcue (b) The parts of this question must be completed in order. This part will be available when you complete the partabove (c) The parts of this question must be completed in order. This part will be available when youcomplete the part above (d) The parts of this queation must be kompleted in orden This part will be avallable when you complete the part above

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