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On January 1, 2024, Cullumber Mining Ltd. purchased new mining equipment costing $421.592, which will be depreciated on the as sumption that the equipment will

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On January 1, 2024, Cullumber Mining Ltd. purchased new mining equipment costing $421.592, which will be depreciated on the as sumption that the equipment will be useful for four years and have a residual value of $27,900 when the company is finished using it. The estimated output from this equipment, in tonnes, is as follows: 2024107,800:202529,600;202699,700;202756,700. The company is now considering possible method's of depreciation for this asset. (a) Calculate what the depreciation expense would be for each year of the asset's life, if the company choosest The straight-line method Straight-line depreciation $ peryear 11. The units-of production method (Round depreciation per unit to 2 decimal ploces, eg. 15.25 and depreciation expense to 0 decimal ploces, eg 125.) Units-of-production method depreciation $ per unit iii. The double-diminishing-balance method

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