Book value for each year using the deprecation methods

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An asset has an initial cost of $25,000, a useful life of 6 years and a salvage values of $1,000. Calculate the annual depreciation and book value for each year using the following deprecation methods: (a) Sum of Years Digits (b) Double Declining Method (c) Capital Cost Allowance with a CCA rate of 40% Put the results in a table format.

Reference no: EM131166399

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