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  3. 3. describe the different depreciation methods for

3. Describe the different depreciation methods for property, plant and equipment and calculate depreciation expense....

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Accounting

3. Describe the different depreciation methods for property, plant and equipment and calculate depreciation expense. A company has building with a net carrying amount of $100,000 and a tax base of $120,000. The tax rate was 20% when the asset was purchased, but it is scheduled to be reduced to 17% this year. Which inventory method will be most appropriate for depreciating the building? Please show working.

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