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On January 1, 2016, Nicholas Company purchased Office Equipment for $129,000 with an estimated useful life...

On January 1, 2016, Nicholas Company purchased Office Equipment for $129,000 with an estimated useful life of 5 years, or 137,500 hours and a residual value of $19,000. Compute the annual depreciation at the end of 2018, the 3rd year, under each of the following depreciation method for Nicholas Company.

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