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Question #6: 25 Points On Jan1st Appreciate Depreciation Inc. purchased a sluice for its mining operation for $1,050,000 including delivery and installation. The estimated useful
Question #6: 25 Points On Jan1st Appreciate Depreciation Inc. purchased a sluice for its mining operation for $1,050,000 including delivery and installation. The estimated useful life is 10 years with an estimated residual value of $100,000. They estimate the annual operating cost of $186,000.
A: Prepare a Straight-Line depreciation table for this property
B: Prepare a 200% Double Declining Balance depreciation table
C: Prepare a 10-year depreciation table if the company decided to convert to S/L from 200%
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