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The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its

image text in transcribed The depreciation schedule for certain equipment has been arrived at by various methods. The estimated salvage value of the equipment at the end of its 7 year useful life is $700. Identify the resulting depreciation schedules. Which scheme represents declining balance depreciation? Select one: a. II b. I C. III d. IV

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