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Could you please do the questions 2,3,4 Thanks 2. The depreciation method that does not use residual value in calculating the first year's depreciation expense

image text in transcribedCould you please do the questions 2,3,4
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2. The depreciation method that does not use residual value in calculating the first year's depreciation expense is: A. declining balance B. straight-line C. units-of-production An asset purchased for $75,000 on June 1, 2018 had a residual value of $3,000 and a useful life of six years. What is the book value of the asset when on September 30h, 2019? (Assume the straight-line depreciation method is used.) 3. 4. Equipment purchased April 2, 2018 for $80,000 has an estimated residual value of $6,000 and an estimated life of 5 years. What is the amount of depreciation for the second year ending December 31, 2019, using the declining- balance method at double the straight-line rate

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