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D Question 6 6 pts Deer Co. purchased an asset on January 1, 2016 for $20,000. The asset has an estimated salvage value of $2,000.

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D Question 6 6 pts Deer Co. purchased an asset on January 1, 2016 for $20,000. The asset has an estimated salvage value of $2,000. The estimated life of the asset is 4 years. Compute the depreciation for . each of the four years. Use double-declining balance depreciation. (You must show the double- declining balance depreciation computation and straight-line comparison depreciation). After the calculations, be sure to explain if and when you are: 1. Limiting and stopping the depreciation under double declining balance depreciation, or 2. Switching to straight line depreciation Use the following headings to show your calculations: Year Double-declining balance depreciation Straight-line comparison depreciation Edit View Insert Format Tools Table 12pt V Paragraph B J U AN AT

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