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Calculate the straightline depreciation

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Question - Liable Laboratory Inc, has decided to purchase a new UA analyzer. Cost of the analyzer is $125,750, shipping costs are $30,000 and installation costs are $5,000. The life of the analyzer is expected to be 5 years and the resell value is $15,000. Calculate the straightline depreciation, double declining depreciation, and sum of the years depreciation for each year of the useful life.

Reference no: EM133107682

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