3. The York City Hospital has just acquired new equipment. The equipment cost $4,250,000, and the organization spent $135,000 on upgrading the physical plant the new equipment will be located in. The equipment is expected to have a 10-year useful life and a salvage value of 10% (ie., $425,000). Calculate the first 5 years of depreciation, using SL, DDB, and SYD. 4. A new medical practice purchases computer equipment that cost $15,000, to be used for medical billing. In addi- tion, the practice purchases billing software that cost $5,000. Both the computer equipment and the software are expected to have 3-year useful lives and no salvage value. Calculate the 3 years of depreciation, using SL, DD, and SYD 5. The New Hospital has raised money for a new oncology wing. The hospital has also acquired medical diagnostic equip- ment that cost $500,000. In addition, the hospital paid $15,000 to ship the equipment from the manufacturer and $40,000 to install the equipment. The equipment is expected to have a 6-year useful life and a $30,000 salvage value. Calculate the 6 years of depreciation, using SL, DDB, and SYD 4. A new medical practice purchases computer equipment that cost $15,000, to be used for medical billing. In addi- tion, the practice purchases billing software that cost $5,000. Both the computer equipment and the software are expected to have 3-year useful lives and no salvage value. Calculate the 3 years of depreciation, using SL, DDB, and SYD The New Hospital has raised money for a new oncology wing. The hospital has also acquired medical diagnostic equip- ment that cost $500,000. In addition, the hospital paid $15,000 to ship the equipment from the manufacturer and $40,000 to install the equipment. The equipment is expected to have a 6-year useful life and a $30,000 salvage value. Calculate the 6 years of depreciation, using SL, DDB, and SYD. 5