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Straight line depreciation

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Straight line depreciation



Beginning balance $1000



Life of equipment: 9yrs



Ending book value: $1000



Year 1:$1000; value $9000



Year 2: $1000; value $8000



Year 3: $1000; value $7000



Year 4: $1000; value $6000



Year 5: $1000; value $5000



Year 6: $1000; value $4000



Year 7: $1000; value $3000



Year 8: $1000; value $2000



Year 9: $1000; value $1000



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