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Prepare a depreciation schedule to be used for tax purposes for $40,000 of computer equipment using the 150% declining-balance method and a half-year convention .
Prepare a depreciation schedule to be used for tax purposes for $40,000 of computer equipment using the 150% declining-balance method and a half-year convention. Select the correct recovery period and ignore any special depreciation allowances. What are the year-end book values for each of the years?
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