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Exercise 11-1 Stellar Company purchases equipment on January 1, Year 1, at a cost of $515,900. The asset is expected to have a service life

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Exercise 11-1 Stellar Company purchases equipment on January 1, Year 1, at a cost of $515,900. The asset is expected to have a service life of 12 years and a salvage value of $44,000. Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method. (Round answers to 0 decimal places, e.g. 5,125.) Depecation for Year 1 Depreciation for Year 2 , Depreciation for Year 3 s LINK TO TEXT Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method Depreciation for Year 1 $ Depreciation for Year 2 Depreciation for Year 3 s LINK TO TEX

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