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Q-2. Local Construction Company is considering the purchase of research equipment at a cost of $1,700,000; with an Estimates salvage value of $200,000 at
Q-2. Local Construction Company is considering the purchase of research equipment at a cost of $1,700,000; with an Estimates salvage value of $200,000 at end of its 3-year projected useful life. Show detail of your calculation for each method with Yearly-Depreciation and Book Value. Total 60 points a) Determine the straight-line (SL) Method. 10 points b) Sum-Of-Years-Digit (SOYD) Method. 15 points c) Double Declining Balance (DDB) Method. 15 points d) Modified Accelerated Cost Recovery (MACRS) Method. 20 points
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