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Sunland Company purchases equipment on January 1 , Year 1 , at a cost of $ 5 4 6 , 0 0 0 . The

Sunland Company purchases equipment on January 1, Year 1, at a cost of $546,000. The asset is expected to have a service life of 12 years and a salvage value of $49,140. compute the amount of depreciation for each of years 1 through 3 using the double declining balance method. Depreciation for year 1. Depreciation for year 2. Depreciation for year 3

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