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Quality Appliances purchased equipment for $255,000. The estimated service life of the equipment is six years and the estimated residual value is $21,000. Quality's fiscal

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Quality Appliances purchased equipment for $255,000. The estimated service life of the equipment is six years and the estimated residual value is $21,000. Quality's fiscal year ends on December 31. Required: Calculate depreciation for 2013 and 2014 using each of the three methods listed. Quality calculates partial year depreciation based on the number of months the asset is in service

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