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Given an asset with initial cost of $20,000, useful life of 5 years, salvage value = 0, find the depreciation allowance s and the book

Given an asset with initial cost of $20,000, useful life of 5 years, salvage value = 0, find the depreciation allowancesand the book values using the

a. Straight-Line Method

b. MACRS

NO EXCEL. handwritten explanation.

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