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Your company bought an asset for $200,000. It is expected to last 5 years with no salvage and has a CCA rate of 40%. What

Your company bought an asset for $200,000. It is expected to last 5 years with no salvage and has a CCA rate of 40%. What is the depreciation expense for the asset in the 3^rd year for the:

Straight-Line Depreciation Method
Declining Balance Method

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