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D Question 4 10 pts An income producing asset costing $120,000 is being depreciated using the 150% Declining Balance C1-5DB method with a salvage

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D Question 4 10 pts An income producing asset costing $120,000 is being depreciated using the 150% Declining Balance C1-5DB method with a salvage value of $20,000, determine the depreciation in year 3 assuming the equipment will be depreciated over a life of 5 years. O $37,500 $32.500 $17,640 $28,125

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