On June 13 2012 Cabe Company bought equipment for 4 800
On June 13, 2012, Cabe Company bought equipment for $4,800. Its estimated life is four years with a residual value of $384. Prepare depreciation schedules for 2012, 2013, and 2014 for
(a) Straight-line
(b) Double declining-balance at twice the straight-line line rate methods.

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