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# \$2.00Problem 4, Part II

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• Due on Apr. 25, 2012
• Asked on Apr 25, 2012 at 1:17:30PM

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Problem 4, Part II

On January 2, 2010, the Hanover Company purchased some office equipment for \$20,000. The equipment is expected to have a useful life of five years and a salvage value of \$2,000. Prepare a schedule showing the annual depreciation for each of the first three years of the asset's life under the straight-line method, the double-declining-balance method, and the sum-of-the-years'-digits method.

Straight-Line             Double-Declining -            Sum-of-the-Years'-

Method                    Balance Method                  Digits Method

2010                       ______________          ______________             ________________

2011                       ______________          ______________              ________________

2012                       _______________         _______________           ________________

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Depreciation for Hanover
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• Posted on Apr 25, 2012 at 1:41:53PM
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• Posted on Apr 25, 2012 at 1:44:50PM
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