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Gabby wants to buy a new iphone. The cost of the iphone id $3,000 and she believed that the iphone will be in use for

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Gabby wants to buy a new iphone. The cost of the iphone id $3,000 and she believed that the iphone will be in use for 3 years, after which it will retain a $600 value. Use the straight-line method and declining balance depreciation (150% depreciation rate) to complete the depreciation schedule table below. Year Straight Line 150%. Declining Balance Depreciation Residual value Depreciation Residual Value 1 2 WIN 3

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