For tax purposes, businesses frequently depreciate equipment. Two methods of depreciation are straight-line depreciation and sum-of-the-years’-digits. Suppose that a college student buys a $3000 computer to start a business that provides Internet services. This student estimates the life of the computer at 4 years, after which its value will be $200. The difference between $3000 and $200, or $2800, may be deducted from the student’s taxable income over a 4-year period. In straight-line depreciation, equal portions of $2800 are deducted each year over the 4 years. The sum-of-theyears’- digits m

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For tax purposes, businesses frequently depreciate equipment. Two methods of depreciation are straight-line depreciation and sum-of-the-years’-digits. Suppose that a college student buys a $3000 computer to start a business that provides Internet services. This student estimates the life of the computer at 4 years, after which its value will be $200. The difference between $3000 and $200, or $2800, may be deducted from the student’s taxable income over a 4-year period. In straight-line depreciation, equal portions of $2800 are deducted each year over the 4 years. The sum-of-theyears’- digits m

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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method calculates depreciation differently. For a computer having a useful life of 4 years, the sum of the years is computed by 1 1 2 1 3 1 4 5 10.

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