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so one of each of the vehicles is bought in February, May, August, and November respectively. depreciate all 12 vehicles over the course of the
so one of each of the vehicles is bought in February, May, August, and November respectively. depreciate all 12 vehicles over the course of the same 2 year period.
2) you anticipate buying 12 new off-road vehicles equally over the 4 quarters with the purchase being done in the middle month of the quarter. Full month of depreciation in the month purchased. Honda ATVs (4): 25,000 each; life of 6 years with residual of $12,000 each Polaris ATVs (4): 18,000 each; life of 5 years with residual of $8,000 each Jeep Rubicon (4): 40,000 each; life of 7 years with residual of $18,000 each Compare the amount of depreciation under the following method Sum-of the year's digits over the 1st two years of the vehicle's life
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