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Double-Declining-Balance Depreciation A computer was purchased on January 1 at a cost of $5,000. It has an estimated useful life of five years and an

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Double-Declining-Balance Depreciation A computer was purchased on January 1 at a cost of $5,000. It has an estimated useful life of five years and an estimated salvage value of $500 Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the double-declining-balance method. For intermediate calculations, do not round your depreciation rate value and round your final answers to the nearest dollar. If an answer is zero, enter "O". Computer Depreciation Schedule On January 1 Accumulated Depreciation End of Year Book Value End of Year Book Value Year Beginning of Year x Rate (90): Depreciation Expense 4

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