Question: I dont know if Im doing it right but I need answers for a,b, and c. Problem #4-Depreciation methods (12pts! On September 6, 2014, East

I dont know if Im doing it right but I need answers for a,b, and c.

Problem #4-Depreciation methods (12pts! On September 6, 2014, East River Tug Co. purchased a new tugboat for $400,000. The estimated life of the boat was 20 years, with an estimated residual value of $40,000. Compute the depreciation on this tuaboat in 2014 and 2015 using the following ply the half-year convention. (If necessary, round to the nearest dollar.) 2015 310000 2014 S $ Computations (show your work in details below (a) Straight-line (b) 200%declining-balance (c) 150%-declining-balance $ $ $ -3boooox )0%-3b.oo. It year. I8hon

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