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Please Solve the following problem A Hospital just acquired new equipment. The equipment cost $4,250,000 and the organization spent $135,000 on upgrading the physical plant

Please Solve the following problem
A Hospital just acquired new equipment. The equipment cost $4,250,000 and
the organization spent $135,000 on upgrading the physical plant where the equipment
will be located. The equipment is expected to have a 10-year useful life and a salvage
value of 10% ($425,000), Calculate the first five years of depreciation using
straight line, double declining balance, and sum-of-the-years digits.
Please show solutions to the following
below.
Asset Cost:
Salvage Value:
Asset Life:
Straight-line Depreciation Each Year #DIV/0!
Asset Cost: $0 Asset Cost: $0
Salvage Value: $0 Salvage Value: $0
Asset Life: 0 Asset Life: 0
Depreciation Year Depreciation Year
Sum of the Years Digits Depreciation #NUM! Double Declining Balance Depreciation #NUM!
Straight Line Double Declining Balance Sum-of-the years Digits
Annual Accumulated Annual Accumulated Annual Accumulated
Year Depreciation Depreciation Depreciation Depreciation Depreciation Depreciation
1 $0 $0 $0
2 $0 $0 $0
3 $0 $0 $0
4 $0 $0 $0
5 $0 $0 $0

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