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Question 1 [Total 10 marks]- An equipment with purchased cost of $54,000 is expected to have a 4-year depreciable life and the estimated salvage value

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Question 1 [Total 10 marks]- An equipment with purchased cost of $54,000 is expected to have a 4-year depreciable life and the estimated salvage value is $1,800. Find the book values for each year using the Double Declining Balance (DDB) with switchover to the Straight-line (SL) method

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