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Computing Partial Period Depreciation Using Multiple Depreciation Methods On August 31, DHS Company acquired...

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Accounting

Computing Partial Period Depreciation Using Multiple Depreciation Methods
On August 31, DHS Company acquired equipment for $112,000. The expected useful life is 5 years and the residual value is $2,240. Compute depreciation expense
for the current year ended December 31 under the following methods.
Note: Carry all decimals in calculations; round the final answer to the nearest dollar.
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