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Question 1 On December 31st, 2011, EU Business School acquired a new research quantum computer. The cost of the computer was 6,000.000 with a residual
Question 1 On December 31st, 2011, EU Business School acquired a new research quantum computer. The cost of the computer was 6,000.000 with a residual value of 1,000,000 at the end of its estimated useful lifetime of 4 years. Instructions a. Prepare a complete depreciation schedule, beginning with calendar year 2011, under each of the methods listed below (with fractional years rounded to the nearest whole month): 1. Straight-line
2. 200 percent declining-balance
3. 150 percent declining-balance
Part b .
Which method is good and why
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