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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In early January 2013, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipment’s salvage value at $37,000.
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Prepare a table showing depreciation and book value for each of the four years assuming double-declining-balance depreciation.
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In early January 2013, NewTech purchases computer equipment for $176,000 to use in operating activities for the next four years. It estimates the equipment's salvage value at $37,000. Prepare a table showing depreciation and book value for each of the four years assuming double-declining- balance depreciation. End of Period Depreciation for the Period Year Beginning of Annual Period Book Depreciation Accumulated Book Value Rate Depreciation Depreciation Value 2013 50% 2014 50% 2015 50% 2016 50% Total
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