6. Determine the initial cost for an asset that has a book value in year 4 of $165,000. Consider that the asset has a 10-year lifetime and the DDB method is used. 8 A packaging engineer purchased an automated packaging machine for $400,000. The machine is a five-year recovery period asset. The salvage value for the machine is estimated at $100,000 after 5 years. Use the MACRS method to develop the five-year depreciation schedule and, the BV on year three