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Question 2 of 3 072 Indigo Corporation purchased a boardroom table for $15,000. The company planned to keep it for four years, after which it

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Question 2 of 3 072 Indigo Corporation purchased a boardroom table for $15,000. The company planned to keep it for four years, after which it was expected to be sold for $1.000. Your answer is incorrect. Calculate the depreciation expense for each of the first three years under the straight-line method and the double-diminishing-balance method, assuming the table was purchased early in the first month of the first year. (1) Straight-line method. Year 1 $ 11500 Year 2 8000 $ $ Year 3 4500 (2) Double-diminishing balance method Year 1 $ MacBook Air esc 30 DO F 55 % A 2 3 4 5 6 Q tab W Question 2 of 3 0/2 INT Year 2 S 8000 Year 3 4500 (2) Double-diminishing-balance method. Year 1 $ Year 2 $ Year 3 $ e Textbook and Media Save for Later Attempts: 2 of 15 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above BOOK AIR esc TOD LG F2 3 TS 1 2 D A w 3 4. % 5 6

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