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You have a tractor that costs 150,000 with a useful life of 10 years and projected salvage value of $20,000. Using straight line, double declining

You have a tractor that costs 150,000 with a useful life of 10 years and projected salvage value of $20,000. Using straight line, double declining balance, and sum of the years digits approaches, calculate the following.

Year SL Depreciation DDB Depreciation SYD Depreciation SL Book Value DDB Book Value SYD Book Value
1 13,000
2 13,000

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