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Sullivan Ranch Corporation has purchased a new tractor and has provided you with the information related to the purchase. The Controller has asked you to
Sullivan Ranch Corporation has purchased a new tractor and has provided you with the information related to the purchase. The Controller has asked you to calculate the depreciation for the new piece of equipment using different methods: StraightLine depreciation, UnitsofProduction depreciation, and DoubleDecliningBalance depreciation. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.
Sullivan Ranch Corporation has purchased a new tractor and has provided you with the information related to the purchase. The Controller has asked you to calculate the depreciation for the new piece of equipment using different methods: StraightLine depreciation, UnitsofProduction depreciation, and DoubleDecliningBalance depreciation. Use the information included in the Excel Simulation and the Excel functions described below to complete the task.
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