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Prepare a depreciation schedule to be used for tax purposes for a $998,400 asset with no salvage value and a 10-year recovery period using the 200%...

 Prepare a depreciation schedule to be used for tax purposes for a $998,400 asset with no salvage value and a 10-year recovery period using the 200% declining-balance method. Ignore any special depreciation allowances. Report the annual depreciation and annual book value.

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