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[The following information applies to the questions displayed below At the beginning of 2014, Metal Manufacturing purchased a new computerized drill press for $210,000. It

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[The following information applies to the questions displayed below At the beginning of 2014, Metal Manufacturing purchased a new computerized drill press for $210,000. It is expected to have a five-year life and a $30,000 salvage value. 3. valuer 8.00 points Required a. Compute the depreciation for each of the five years, assuming that the company uses (1) Straight-Line depreciation Straight-Line depreciation S (36.000 (2) Double-Declining-Balance depreciation. (Round your answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter o" wherever required.) Double-Declining Balance Year 1 Year 2 $ Year 3 $ Year 4 Year 5s 84,000 50,400 30.240 15,360 0

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