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Use the sum-of-the-years'-digits depreciation method to make a depreciation schedule (first two years) fom a forklift that cost $32,000, has an expected useful life
Use the sum-of-the-years'-digits depreciation method to make a depreciation schedule (first two years) fom a forklift that cost $32,000, has an expected useful life of ten years, and has a residual value of $2,200 Complete the following table for two years Enter the depreciation rate as a fraction. Enter annual depreciation, accumulated depreciation, and end-of-year book value as decimals rounded to the nearest cent Depreciation Annual Accumulated End-of-year Year rate 1 depreciation $ depreciation book value $ S
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