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[The following information applies to the questions displayed below.) At the beginning of 2018, Copeland Drugstore purchased a new computer system for $225,000. It is

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[The following information applies to the questions displayed below.) At the beginning of 2018, Copeland Drugstore purchased a new computer system for $225,000. It is expected to have a five-year life and a $35,000 salvage value. 6. Award: 375 points Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-line depreciation. Straight-Line depreciation $ 38,000 (2) Double-declining balance depreciation (Leave no cells blank - be certain to enter" wherever required.) Double-Declining Balance Year 1 Year 2 Year 3 Year 4 Year 5 $ 0 References Double-Declinina

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