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In early January 2009, Sanchez Builders purchases computer equipment for $102,000 to use in operating activities for the next five years. It estimates the equipment's salvage value at $21,000.

Prepare a table showing depreciation and book value for each of the five years assuming double-declining-balance depreciation.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M965986

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