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plz answer all 3 parts for good rating Marigold Company purchases equipment on January 1, Year 1 , at a cost of $492,000. The asset
plz answer all 3 parts for good rating
Marigold Company purchases equipment on January 1, Year 1 , at a cost of $492,000. The asset is expected to have a service life of 12 years and a salvage value of $44,280 (3) Compute the amount of depreciation for cach of Years 1 throvgh 3 using the straight-line depreciation method. (Round answers to 0 decimol places, e.s. 5,125. Compute the amount of depreciation for each of Years 1 through 3 using the sum-of-the-years'digits method. Depreciation for Year 1$ Depreciation for Year 2$ Depreciation for Year 3 Compute the amount of depreciation for each of Years 1 through 3 using the double-declining-balance method, (Round depreciation rate to 2 decimal places, e.s. 15.84% and final answers to 0 decimal places, e-8. 45,892. Depreciation for Year 1 Depreciation for Year 2 Depreciation for Year 3 Step by Step Solution
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