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For its fabricated metal products, the Able Corp. is buying $10,000 of special tools that have a 4-year useful life and no salvage value. Compute

For its fabricated metal products, the Able Corp. is buying $10,000 of special tools that have a 4-year useful life and no salvage value. Compute the depreciation charge for the second year by each of the following methods: (a) DDB. (b) Sum-of -years' -digits. (c) Modified accelerated cost recovery system

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