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Required information Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $520,000 Canadian. The estimated salvage at the end of the expected
Required information Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $520,000 Canadian. The estimated salvage at the end of the expected life of 4 years is $50,000. Various acceptable depreciation methods are being studied currently. Determine the depreciation for year 2 using the DDB(Double Declining Balance), 150% DB(Declining Balance), and SL(Straight Line Depreciation) methods. Determine the depreciation by hand. The depreciation using SL method is determined to be $ The depreciation using DDB method is determined to be $ The depreciation using 150% DB method is determined to be $
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