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A firm purchases an asset for $1000. If the asset is depreciated using Sum of Years Depreciation over 5 years. Compute the amount the asset

A firm purchases an asset for $1000. If the asset is depreciated using Sum of Years Depreciation over 5 years. Compute the amount the asset will be depreciated by in year 1 if there is a zero salvage value. 66.67 133.33 200.00 333.33 266.67

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