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Calculate the yearly depreciation and compare the depreciation values between the straight-line methods SOYD and

MACRS method for a piece of equipment with an initial cost of $60,000, a salvage value of $20,000 and 5 year life.

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INITIAL COST =60000-20000=40000 In straight line method of depreciation =TOTAL DEPRECIATION/(NO OF YEARS) Depreciation each... View the full answer

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