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The XYZ Block Company purchased a new office computer and other depreciable computer hardware for $12,000. During the third y

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year 2 01 2000 Book value of & year 2 & 12000 So, depreciation in one year ago 2 , Roo Book value of 2 year 2 nooo - 9800 287

1 Year WN - Depreciation PV @10% Amount 1036.80 0.6830 708.13 622.08 0.6209 386.25 1094.38

The excel formula and calculation used are shown below:

1 Year Depreciation 1036.8 622.08 PV @10% 0.683 0.6209 Amount =B2*C2 =B3*C3 =SUM(D2:D3)

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