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Cisco Systems is purchasing a new bar code- scanning device for its service center in San Francisco. The table that follows lists the relevant cost
Cisco Systems is purchasing a new bar code- scanning device for its service center in San Francisco. The table that follows lists the relevant cost items for this purchase. The operating expenses for the new system are $10,000 per year, and the useful life of the system is expected to be five years. The SV for depreciation purposes is equal to 25% of the hardware cost. Cost Item/Cost Hardware/$160,000 Training/$15,000 Installation/ $15,000 Create the depreciation schedule for the barcode-scanning system using the following methods: 1. Straight line method 2. Double declining balance at 200% 3. Sum of years digit method
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