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Check your worksheet setup and formulas by changing the Original Cost to $ 1 0 0 , 0 0 0 , the Estimated Residual Value
Check your worksheet setup and formulas by changing the Original Cost to $ the Estimated Residual Value to $ the Estimated Useful Years to and the Estimated Units to
You should now have a Year journal entry for Depreciation Expense in the amount of $ for the Straightline method, $ for the DoubleDecliningBalance Method, and $ for the ActivityBased method. Note the asset will not fully depreciate under the Activitybased and SL methods when testing the changes.
If you do not get this answer, review your worksheet and the formulas you used.
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