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3. Based on Problem 11-35 Muddy Meadows Earthmoving can purchase a bulldozer for $1,200,000. After seven years of use, the bulldozer is expected to have
3. Based on Problem 11-35 Muddy Meadows Earthmoving can purchase a bulldozer for $1,200,000. After seven years of use, the bulldozer is expected to have a salvage value of $210,000. What will the depreciation value for year 5 be for the bulldozer, assuming: (a) it is classified as earthmoving equipment, which is CCA Class 38? (b) straight line depreciation? (c) sum-of-the-years-digits depreciation? (d) double declining-balance depreciation? Round your answers to the nearest dollar
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