Hi, this is the same question on both pictures so please check both if one...
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Accounting
Hi, this is the same question on both pictures so please check both if one is not clear. thanks!
GE Partition meno 10.000 meter IT csary, round onwers to the most Deine decat for the thing from yow the state Decreation 6.000 10,200 I. De the date and for the following that the Det 1 x Year 13.20 Partial-Year Depreciation Equipment acquired at a cost of $108,000 has an estimated residual value of $6,000 and an estimated useful life of 10 years. It was placed into service on October 1 of the current fiscal year, which ends on December 31. If necessary, round your answers to the nearest cent. a. Determine the depreciation for the current fiscal year and for the following fiscal year by the straight-line method. Depreciation Year $fill in the blank 1 1 Year $fill in the blank 2 2 b. Determine the depreciation for the current fiscal year and for the following fiscal year by the double-declining-balance method. Depreciation Year $fill in the blank 3 1 Year $fill in the blank 4 N


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