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Please Use 13664518 for Principal (So 136645.18 for Straight Line and Double Declining and half of that for Sum of Years) For each of the
Please Use 13664518 for Principal (So 136645.18 for Straight Line and Double Declining and half of that for Sum of Years)
For each of the following, calculate for each year (1) depreciation, and (ii) accumulated depreciation. Straight Line Depreciation Principal = Your N# (without the N. and the last two digits are cents) Salvage Value = 10% of the Principal Life = 8 years Double Declining Balance Depreciation Principal = Your N# (without the N, and the last two digits are cents) Salvage Value = $15,000 Life = 5 years Sum of the Years Digits Principal = One half of your N# (without the N, and the last two digits are cents) Salvage Value = $2,000 Life = 6 years Perform the calculations in Excel, but submit your solutions as a single PDF fileStep by Step Solution
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