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Depreciation Methods Scenario: Equipment cost: $50,000 Useful life: 5 years Residual value: $5,000 Tasks: Calculate depreciation using the straight-line method. Calculate depreciation using the double-declining
Depreciation Methods
Scenario:
- Equipment cost: $50,000
- Useful life: 5 years
- Residual value: $5,000
Tasks:
- Calculate depreciation using the straight-line method.
- Calculate depreciation using the double-declining balance method.
- Calculate depreciation using units of production method (100,000 units total, 20,000 units in the first year).
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