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Unformatted text preview: balance. Illustration 10-15 is a great side-by-side comparison of the same asset depreciated under the three methods. Note the radical differences in the first year of depreciation! Also note that total depreciation is the same, regardless of the methodology used. Please complete the discussion questions and the homework problems for this week. Stay tuned! Next week, we discuss liabilities, payroll, and partnerships!...
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- Spring '09