Compute the accumulated depreciation

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Reference no: EM131810062

A used drill press costs $12,000, and delivery and installation charges add $1500. The salvage value after 8 years is $1000. Compute the accumulated depreciation through year 4 using:

(a) 7-year MACRS.

(b) Straight-line.

(d) SOYD.

Reference no: EM131810062

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