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Lewiswhite Farms uses the sum-of-the-years-digits method of depreciation. A farm tractor costing $40,000 has an...

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Accounting

Lewiswhite Farms uses the sum-of-the-years-digits method of depreciation. A farm tractor costing $40,000 has an estimated life of ten years and an estimated scrap value of $1,000. Refer to Lewiswhite Farms. Compute the amount of depreciation taken in the sixth year. Group of answer choices $2,836.36 $4,254.55 $3,545.45 $3,454.45

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