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You have a tax basis of $88,000 and a useful life of five years and no salvage value. Provide a depreciation schedule (dk for

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You have a tax basis of $88,000 and a useful life of five years and no salvage value. Provide a depreciation schedule (dk for k = 1-5) for 200% declining balance with switchover to straight line. Specify the year to switchover. Determine the depreciation amounts using the 200% declining balance and straight-line methods and BV amounts for each year. (Round to the nearest dollar.) Switchover occurs in year (1). (1) 5 04 02 1 03 Year 200% DB Method, $ SL Method, $ Amount Selected, Depreciation $ BVk, $ 1 2 3 4 5

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