Question: 1. EX.10.09.ALGO (Algorithmic) Depreciation by Two Methods A computer system acquired on January 1 at a cost of $216,000 has an estimated useful ife of

 1. EX.10.09.ALGO (Algorithmic) Depreciation by Two Methods A computer system acquired

1. EX.10.09.ALGO (Algorithmic) Depreciation by Two Methods A computer system acquired on January 1 at a cost of $216,000 has an estimated useful ife of ten years. Assuming that it wir have no residual vaiue. a. Determine the depreciation for each of the first two years by the stralght-line method. First Year Second Year b. Determine the depreciation for each of the first two years by the double-declining-balance method, Do not round the double-declining bolance rati If required, round your final answers to the nearest dollar. Eirst Year Second Year

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