Solved: A machine costs 500000 and has a salvage value of 30000, Macroeconomics

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A machine costs 500000 and has a salvage value of 30000

A machine costs $ 500,000 and has a salvage value of $30,000 after 12 years of use. What are the depreciation charge and book value after year 6, using double declining balance depreciation method?

Book value $167048, Depreciation $33490
Book value $250879, Depreciation $52246
Book value $15789, Depreciation $3365
Book value $170258, Depreciation $25698

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Macroeconomics: A machine costs 500000 and has a salvage value of 30000

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Macroeconomics: A machine costs 500000 and has a salvage value of 30000

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