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Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $469,000. The asset is expected to have a service life of

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Deluxe Ezra Company purchases equipment on January 1, Year 1, at a cost of $469,000. The asset is expected to have a service life of 12 vears and a salvage value of $40.000. (b) 6. Your answer isincorrect Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years:-digits method

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