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Recording Depreciation with a Change in Depreciation Method three years, after which the company will change to the straight-line method of depreciation for the equipment.
Recording Depreciation with a Change in Depreciation Method three years, after which the company will change to the straight-line method of depreciation for the equipment. Required a. Compute annual depreciation expense for Year 1 through Year 3. b. Prepare the depreciation entry for the end of Year 4. Note: Round your final answers to the nearest whole number
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