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In early January 2009, Sanchez Builders purchase equipment for $102,000 to use in operating activities for the next five years. It estimates the equipment's salvage
In early January 2009, Sanchez Builders purchase equipment for $102,000 to use in operating activities for the next five years. It estimates the equipment's salvage value at $21,000. Prepare a table showing depreciation and book value for each of the five years assuming double-declining-balance depreciation. *Please explain how you get your answer and make sure that it is 100% correct. Thank you
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