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Two popular methods of Accelerated Depreciation are the Double Declining Balance Method and the Sum of the Years Digit Method. Calculate the depreciation for Year

Two popular methods of Accelerated Depreciation are the Double Declining Balance Method and the Sum of the Years Digit Method. Calculate the depreciation for Year 1 & Year 2 for the following asset using each method:

Depreciable Cost= $735,000

Salvage Value= $85,000

Useful Life= 15 Years

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