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First Cost = $1,160,000 Salvage Value=$35,000 Life= 5 Years. Using Sum-of-the-years (SOYD) depreciation method, develop a depreciation schedule for this asset.

First Cost = $1,160,000

Salvage Value=$35,000

Life= 5 Years.

Using Sum-of-the-years (SOYD) depreciation method, develop a depreciation schedule for this asset.

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