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Bramble Corporation purchased a boardroom table for $ 1 8 , 0 0 0 . The company planned to keep it for four years, after
Bramble Corporation purchased a boardroom table for $ The company planned to keep it for four years, after which it was expected to be sold for $
a
Calculate the depreciation expense for each of the first three years under the straightline method, and the doublediminishingbalance method, assuming the company purchased the table early in the first month of the first year.
Straightline method.
Year $
Year $
Year $
Doublediminishingbalance method.
Year $
Year $
Year
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