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The initial cost of purchasing a device is $12,000. The salvage value of the device at the end of four years is $3,500. Compute the
The initial cost of purchasing a device is $12,000. The salvage value of the device at the end of four years is $3,500. Compute the depreciation schedule for the device by the following methods:
i. Straight-line depreciation
ii. Sum-of-years-digits depreciation
iii. CCA depreciation as a Class 43 asset
iv. CCA depreciation as a Class 29 asset
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