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Equipment Purchase Information PROBLEM 9 1. Asset Cost Salvage Value Life $100,000 20,000 20years Complete following table to calculate straight-line depreciation for 4 years: YEAR
Equipment Purchase Information PROBLEM 9 1. Asset Cost Salvage Value Life $100,000 20,000 20years Complete following table to calculate straight-line depreciation for 4 years: YEAR COST SALVAGE BOOK VALUE SL DEPR RATE EXPENSE ACCUM DEPR END OF YEAR 1 2 3 4 Complete following table to calculate double-declining balance depreciation for 4 years: YEAR COST BOOK VALUE DDB RATE DEPR EXPENSE ACCUMULATED DEPR END OF YEAR 1 2 3 4
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