Determine the book value and depreciation charge


Determine the book value and depreciation charge of an equipment purchased four years ago for $80,000, a salvage value of the $10,000, and a expected life of 7 years if it is depreciated:
a. by using the sum of the year method?
b. by using the double declining balance?
c. MACRS

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Macroeconomics: Determine the book value and depreciation charge
Reference No:- TGS0870210

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