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Select the appropriate depreciation method to apply. Once you have selected a method, build a depreciation table based on the parameters described in the scenario.

Select the appropriate depreciation method to apply. Once you have selected a method, build a depreciation table based on the parameters described in the scenario. Make sure you indicate the method selected at the top of the table. All depreciation schedules should be generated for Financial Statement purposes, not tax reporting. The company has just purchased a brand-new high-end webserver to host its web commerce site. The purchase price is $315,000, which includes delivery to our computing center. Set-up and configuration of the server will be done by an installation vendor, who has contracted with us to complete all work for $35,000. It is estimated that this server will have a useful life of 4 years, at which time it will have a residual value of about $25,000. Due to the fast pace of technology change, the company wishes to depreciate this asset at the maximum rate possible, to offset the risk that it may need to be replaced in less time than the projected useful life

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