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Oriole Ltd, purchases equipment on January 1 year 1. at a cost of E411.810. The asset is expected to have a service life of 12

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Oriole Ltd, purchases equipment on January 1 year 1. at a cost of E411.810. The asset is expected to have a service life of 12 years and a residual value of 39,750. Compute the amount of depreciation for each of years 1 through 3 using the sum-of-the-years-digits method. Depreciation for Year 1 E Depreciation for Year 2 Depreciation for Year 3 E

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