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Splish Company purchased a new plant asset on April 1, 2017, at a cost of $753,660. It was estimated to have a service life of
Splish Company purchased a new plant asset on April 1, 2017, at a cost of $753,660. It was estimated to have a service life of 20 years and a salvage value of $63,600. Splish's accounting period is the calendar year Compute the depreciation for this asset for 2017 and 2018 using the sum-of-the-years-digits method. (Round answers to 0 decimal places, e.g. 45,892.) Depreciation for 2017 Depreciation for 2018 s LINK TO TEXT Compute the depreciation for this asset for 2017 and 2018 using the double-declining-balance method. (Round answers to 0 decimal places, e.g. 45,892.) Depreciation for 2017 Depreciation for 2018 Click if you would like to Show Work for this question: Open Show Work
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