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Accelerated Depreciation offman's Warehouse purchased forint on January 1, 2017, for $460,000. The first expected...

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Accelerated Depreciation offman's Warehouse purchased forint on January 1, 2017, for $460,000. The first expected to last for five years and have a residual value of $13,000. Koman's uses the double-dech.amc method for depreciation Required: 1. Criate the depreciation experie, accumulated depreciation and book value for each year of the foreste. If necessary, round any orpreciation calculations to the newest coa Accumulated Depreciation Book Value 2017 Year Annual Depreciation 2018 2019 2030 2021 2. Identify and analyze the effect of the traction for depreciation for 2017 Activity Operating Accounts Depreciation Expense Increase. Accumulated Depreciation Decrease Statements Balance Sheet How does this yet the accounting in If a financial statement item is not affected, wiec "No Entry and leave the amount box blank. If the effect on a stanem megative decrease be sure to enter the answer with a minigamember if a contra account is incred, it will have the effect of design corresponding financial statement item Balance Sheet Income Statement

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