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Required information TThe foliowing information applies to the questions displayed below.] Equipment costing $60,000 with a 4-year useful life and an estimated $10,000 salvage value

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Required information TThe foliowing information applies to the questions displayed below.] Equipment costing $60,000 with a 4-year useful life and an estimated $10,000 salvage value is acquired and started operating on January 1 . The equipment is estimated to produce 5,000 units of product during its lite. it produced 750 units in the first year. tompute depreciation for the tirst year under straight-line, units-of-production, and double-declining-balance: Complete this question by entering your answers in the tabs below

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