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Q-2. Local Construction Company is considering the purchase of research equipment at a cost of $1,750,000; with an Estimates salvage value of $250,000 at end

Q-2. Local Construction Company is considering the purchase of research equipment at a cost of $1,750,000; with an Estimates salvage value of $250,000 at end of its 3-year projected useful life. Show detail of your calculation for each method with Yearly-Depreciation and Book Value. a) Determine the straight-line (SL) Method. b) Sum-Of- Years-Digit (SOYD) Method. c) Double Declining Balance (DDB) Method. d) Modified Accelerated Cost Recovery (MACRS) Method.

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