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Johns hospital purhased a new item of equipment for $12,000 on Jan 1, 20x1. This equipment has an estimated useful life of 10 years and

Johns hospital purhased a new item of equipment for $12,000 on Jan 1, 20x1. This equipment has an estimated useful life of 10 years and an expected salvage value of 20%.

Calculate the annual depreciatioin expense the annual accumulated depreciation value of the equipments first 3 years of useful life using the following depreciation methods:

a. Straight-line method

b. 175% DB

c.Sum of Years

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