Question: I need quick help with this quesstion. Thank you so much! Computer equipment was acquired at the beginning of the year at a cost of

I need quick help with this quesstion. Thank you so much!

Computer equipment was acquired at the beginning of the year at a cost of $58,750 that has an estimated residual value of $3,500 and an estimated useful five years. (a) Determine the depreciable cost (b) Determine the double-declining-balance rate (c) Determine the double-declining-balance depreclation for the first year

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