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John Wild company bought a car for $20, 000 on 1/1/11. The car has a salvage value of $2, 000 and lasts five years or
John Wild company bought a car for $20, 000 on 1/1/11. The car has a salvage value of $2, 000 and lasts five years or 80, 000 miles. Show the depreciation table using the production method assuming the car is driven 20, 000, 18, 000, 16, 000, 14, 000 and 12, 000 miles. Also show the table for double declining balance method. Show all your supporting calculations
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