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How an assets cost is determined as well as methods

Discussion: Depreciation

• Discuss how an asset's cost is determined as well as the two methods of depreciation discussed in your readings.

• Provide an example of an asset that would be depreciated and demonstrate how the expense would be calculated and reported on the financial statements.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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