Question: 0 Points) 2. (A) Please prepare the depreciation schedules for both the Straight-Line and Double Declining Balance methods of depreciation based on the following: Purchased

0 Points) 2. (A) Please prepare the depreciation schedules for both the Straight-Line and Double Declining Balance methods of depreciation based on the following: Purchased a machine at a cost of $33,500 on 1/1/1 (first year in business). The machine has an estimated salvage value of $1,500 and an 8 -year useful life. (B) Please provide a side-by-side analysis of the tax impact for the first year of business using both the Straight-line and Double Declining Balance Methods. See information provided in the Excel File Tab \# 3-P. 2 (B)
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