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A john deere tractor acquired on january 5 at a cost

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Reference no: EM13614748

A John Deere tractor acquired on January 5 at a cost of$44,800 has an estimated useful life of 16 years. Assumingthat it will have no residual value, determine the depreciation foreach of the first two years (a) by the straight-line method and (b)by the double-declining-balance method. Round to the nearestdollar.

Reference no: EM13614748

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