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Compute depreciation expense

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Question - Computing Partial Period Depreciation Using Multiple Depreciation Methods - On August 31, 2020, DHS Company acquired equipment for $112,000. The expected useful life is 5 years and the residual value is $2,240. Compute depreciation expense in 2020 under the following methods.

a. Straight-line

b. Sum-of-the-years'-digits

c. Double-declining-balance

Reference no: EM133161533

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