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Nindsor Company purchases equipment on January 1, Year 1, at a cost of $567,490. The asset is expected to have a service life 12 years

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Nindsor Company purchases equipment on January 1, Year 1, at a cost of $567,490. The asset is expected to have a service life 12 years and a salvage value of $48,400 Compute the amount of depreciation for Years 1 through 3 using the straight-line depreciation method. (Round answers to 0 decimal places, es. 5,125.) Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'-digits method. Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method. (Round depreciation rate to 2 decimal places, eg. 15.84\%. Round answers to 0 decimal places, eg. 45,892.) Depreciation for Year 1 Depreciation for Year 2$ Depreciation for Year 3

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