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ILL THUMBS UP PLS ASAP ITS A TEST!!!!! Hamilton Company bought a plant asset that cost $87,000. The asset has a $7,000 salvage value and

image text in transcribedILL THUMBS UP PLS ASAP ITS A TEST!!!!!
Hamilton Company bought a plant asset that cost $87,000. The asset has a $7,000 salvage value and a useful life of 5 years. Calculate the following: A) Depreciable cost B) Depreciation expense for year 3 under declining balance method C) Accumulated depreciation at the end of year 4 under straight line depreciation D) Book value of this asset at the end of year 5 under either method

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