Question
A high-precision programmable router for shaping furniture components is purchased by Henredon for $205,000. It is expected to last 12 years and have a salvage
A high-precision programmable router for shaping furniture components is purchased by Henredon for $205,000. It is expected to last 12 years and have a salvage value of $5,000. Calculate the depreciation deduction and book value for each year.
**Use straight-line depreciation:** EOY. Depreciation Deduction. Book Value
***Use declining balance depreciation using a rate that ensures the book value equals the salvage value.***
EOY. Depreciation Deduction. Book Value
Use double declining balance depreciation:
EOY. Depreciation Deduction. Book Value
0 S 1 5 N 5 3 5 i 4 5 S in W un MOLLIS 9 5 7 5 09 5 S 6 5 S 10 S S 11 S 5 12 S 0 1 2 3 5 4 6 7 00 9 10 12 0 S 1 5 N 5 3 5 i 4 5 S in W un MOLLIS 9 5 7 5 09 5 S 6 5 S 10 S S 11 S 5 12 S
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