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Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation Straight-line depreciation $ 26,000 (2) Double-declining-balance

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Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation Straight-line depreciation $ 26,000 (2) Double-declining-balance depreciation. Double Declining Year 1 Year 2 Year 3 Year 4 Year 5 $ 62,000 $ 37,200 $ 22,320

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