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Seconds Fried Chicken bought equipment on January 2 , 2 0 2 4 , for $ 2 7 , 0 0 0 . The equipment
Seconds Fried Chicken bought equipment on January for $ The equipment was expected to remain in service for four years and to operate for hours. At the end of the equipment's useful life, Seconds estimates that its residual value will be $ The equipment operated for hours the first year, hours the second year, hours the third year, and hours the fourth year.
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Prepare a depreciation schedule using the doubledecliningbalance DDB method. Enter a for any items with a zero value.
DoubleDecliningBalance Depreciation Schedule
tableAsset,Depreciation for the Year,tableAccumulatedDepreciationtableBookValueBook,,DDBDateCost,Value,,Rateh
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