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Prepare a yearly depreciation schedule showing the depreciation charge and book value at the end...

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Accounting

Prepare a yearly depreciation schedule showing the depreciation charge and book value at the end of each year, for an equipment with initial costs $1750 and a 5yr useful life. Assume a salvage value of $250. Apply each depreciation method:

Straight-line (SL)

Sum of Years Digit (SOYD)

Double Declining Balance (DDB)

MACRS (recovery period 5yrs)

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