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Depreciation Schedules Dunn Corporation acquired a new depreciable asset for $154,000. The asset has a 5-year expected lif and a residual value of zero. Required:

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Depreciation Schedules Dunn Corporation acquired a new depreciable asset for $154,000. The asset has a 5-year expected lif and a residual value of zero. Required: Hide 1. Prepare a depreciation schedule for all 5 years of the asset's expected life using the straight-line depreciation method. If an amount is zero, enter "o". Dunn Corporation Straight-Line Depreciation Method Five Years End of Year Depreciation Expense Accumulated Depreciation Book Value 154000 30800 Year 1 30800 123200 Year 2 30800 61600 92400 Year 3 30800 92400 61600 Year 4 30800 123200 30800 30800 Year 5 154000

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