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Equipment with a purchased cost of $(52500) is expected to have a 4-year depreciable life and the estimated salvage value is $(1500). Find the book
Equipment with a purchased cost of $(52500) is expected to have a 4-year depreciable life and the estimated salvage value is $(1500). Find the book values for each year using the Double Declining Balance (DDB) with the switchover to the Straight-line (SL) method.
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