Problem
A pump in an ethylene plant costs $15,000. After 9 years, the salvage value is nil.
(a) Determine Dt and BVt using straight-line, SOYD, and 7-year MACRS.
(b) Find the PW of each depreciation schedule if the interest rate is 8%.
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.