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Hw Example 3: 150%DB - Asset costing $12,000 was placed in service - Useful life =5 years - Salvage value =$2,000 - Depreciate using 150%

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Hw Example 3: 150%DB - Asset costing $12,000 was placed in service - Useful life =5 years - Salvage value =$2,000 - Depreciate using 150% declining balance method Q: What is the yearly depreciation and book value of the asset? - Create an amortization schedule to show the 150%DB method. Ace Depr

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