a piece of equipment has an original purchase price of usd110 000 and
A piece of equipment has an original purchase price of $110,000, and has an estimated salvage value of $10,000 at the end of its seven year service life. Calculate the depreciation charge and resulting book value at the end of Year 3 using (12points): A) Straight Line Method. B) Double Declining Balance Method. C) Sum of Years Method.
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