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Cruz Company purchased a computer on June 30, 2020, for $75,600. The computer had a salvage value of $21,600 and useful life of six years.
Cruz Company purchased a computer on June 30, 2020, for $75,600. The computer had a salvage value of $21,600 and useful life of six years.
Note: In answering the following questions, do not round until your final answer. Round your final answer to the nearest whole dollar. a. Using the declining-balance depreciation method (200%), determine depreciation expense for 2021. $ b. Using the declining-balance depreciation method (150%), determine depreciation expense for 2021. $ c. Using the straight-line depreciation method, determine depreciation expense for 2021. $ 4,116 x 56,700 x 4,500 xStep by Step Solution
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