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Chinoo Chapaati purchased Roti manufacturing equipment for $80,000 on October 3, 2017. The estimated life of the equipment is 5 years but due to technological

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Chinoo Chapaati purchased Roti manufacturing equipment for $80,000 on October 3, 2017. The estimated life of the equipment is 5 years but due to technological advances, Chinoo Chapaati expects to replace the Roti equipment in two and a half years when the residual value is estimated to be $20,000. Chinoo Chapati's' year end is December 31. REQUIRED Complete a schedule for each year of the Roti manufacturing equipment estimated useful life using the a. Straight line method b. Double declining balance method Round your calculations to the nearest whole dollar C. Which depreciation method (straight line or double declining balance) will give the highest total profit over the assets useful life? Explain your

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