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Partial-Year Deprecation: Straight-uine and Double Dedining Balance Sandblasting equipment acquired at a cost of $99,000 has an estimated residual value of $6,000 and an estimated
Partial-Year Deprecation: Straight-uine and Double Dedining Balance Sandblasting equipment acquired at a cost of $99,000 has an estimated residual value of $6,000 and an estimated urteful life of 5 years. It was placed in service on October 1 of the current fiscal year, which ends on December 31, 2045 a. Determine the depreciation for 2015 and for 20Y6 by the straight-line method. Round your answer to the nearest cent if rounding is required Depreciation 2015 2046 b. Determine the depreciation for 2015 and for 2016 by the double dedining-balance method. Round your answer to the nearest cent if rounding is required. Depreciation 2015 2010
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