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Head and Company purchases equipment on January 1, Year 1, at a cost of $511,210. The asset is expected to have a service life of

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Head and Company purchases equipment on January 1, Year 1, at a cost of $511,210. The asset is expected to have a service life of 12 years and a salvage value of $43,600. Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method. (Round answers to o decimal places, 0.05, 125.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 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 Compute the amount of depreciation for each of Years 1 through 3 using the double-declining balance method. (Round de Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3

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