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  3. 1. fill in depreciation expense in year 3 under e

1. Fill in depreciation expense in year 3 under each depreciation method when residual...

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Accounting

1. Fill in depreciation expense in year 3 under each depreciation method when residual value is $30,000 and useful life is 3 years:
Depreciation method:
Straight-line fill in the blank 1
Units-of-Output fill in the blank 2
Double-declining fill in the blank 3
2. Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 years:
Depreciation method:
Straight-line fill in the blank 4
Units-of-Output fill in the blank 5
Double-declining fill in the blank 6
3. Move the Useful Life slider from 3 years to 4 years and complete the sentence.
Depreciation expense each year under every method is
when the cost is spread over a longer useful life.

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