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Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $320,000.
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Cost of the Equipment 320000 Less : Salvage Value 35000 Depreciable Value of the Equipment 285000 Life of the Equipment LifeYear Double Declining balance Method Book Value Depreciation % Depreciation Book value 320000 50% 1600001 1600001 160000 50%

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