Determine the depreciation allowance for the 5th year and, Financial Management

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Determine the depreciation allowance for the 5th year and

A surface mount placement machine is being purchased for $1136000; it has an estimated useful life of 8 years and a salvage value of $69800 at that time. Determine the depreciation allowance for the 5th year and the book value at the end of the 5th year using Double Declining Balance.

What is the depreciation rate?

% d5 = ?

B5 = ?

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Financial Management: Determine the depreciation allowance for the 5th year and

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