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The Thompson Corporation, a manufacturer of steel products, began operations on October 1, 2019. The accounting department of

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k CamScanner Scanned with Table 1. + Present Value Interest Factor for an Annuity 1- PVIFA (k,n) = (1+k) Period n 1% 2% 3% 4CamScanner Scanned with Table A.4 (contd) Period n 14% 15% 0 1.000 1.000 0.877 0.870 1.647 1.626 2.322 2.283 | 2.914 | 2.855estimated Depreciation h cost Acquisition Depreciation method Assets Residual value Life in Years year ended Y30 date 2010 eutimated life of Building A a 76725 gustis- & 61,650 (Rosidial values $14,40 Coeprecation = 44. Year Depreciation as 2020 forBut in Year 3 on 1st feb 2011 the asset is sold So, Depreciation from oct 2020 to you 2020 only &mantha 913,2074 294,373 Come

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