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Depreciation by two methods A storage tank acquired at the beginning of the fiscal year at a cost of $126,000 has an estimated residual value

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Depreciation by two methods A storage tank acquired at the beginning of the fiscal year at a cost of $126,000 has an estimated residual value of $12,000 and an estimated useful ife of 10 years. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadtheet a. Determine the amount of annual depredation by the stralght-line roethod. Round your answer to the nearest dollar. S. b. Determine the amount of depredation for the frst and second years computed by the couble-docinipgosiance method. Do not round the double-declining balance rate. Round your answers to the nearest dollar

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