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Question-2 (60pts.): A loader has a first cost of 350.000 TL with an estimated life of 5 years. The salvage value at the end
Question-2 (60pts.): A loader has a first cost of 350.000 TL with an estimated life of 5 years. The salvage value at the end of 5 years is estimated to be 50.000 TL. Please determine the depreciation charges and the book values for all years, using: a) Straight line depreciation b) Declining balance depreciation c) Double-declining-balance method d) Sum of the years digits depreciation e) Compare the results of methods by drawing the book value-life graph.
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