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I need help on 17,18,19 please Question 17 3 pts A company has an asset (placed in service at the beginning of Year 1) with
I need help on 17,18,19 please
Question 17 3 pts A company has an asset (placed in service at the beginning of Year 1) with a total cost of $94,000, a salvage value of $4,000 and a useful life of 6 years. If the company uses the straight line method of depreciation, what is the total accumulated depreciation at the end of year 4? 60.000 Question 18 3 pts A company has an asset (placed in service at the beginning of Year 1) with a total cost of $94.000, a salvage value of $4,000 and a useful life of 6 years. If the company uses the double declining balance method of depreciation, what is the book value of the asset at the end of Year 6? 4,000 Question 19 3 pts a A company has an asset (placed in service at the beginning of Year 1) with a total cost of $94,000, salvage value of $4,000 and a useful life of 6 years. If the company uses the double declining balance method of depreciation, what is the amount of depreciation expense that is will recognize in year 3 Step by Step Solution
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