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A high-precision programmable router for shaping furniture components is purchased by Henredon for $175,000. 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 $175,000. It is expected to last 12 years and have a salvage value of $10,000. Calculate the depreciation deduction and book value for each year. image text in transcribed Please show clear solution!

Use double declining balance switching to straight line depreciation: EOY Depreciation Deduction Book Value 0 175000 1 29166 145834 2 24305 121529 3 20254 101275 4 16879 84396 5 14066 70330 6 11721 58609 7 9768 48841 8 8140 40701 9 6783 33918 10 5653 28265 11 4710 23555 12 3925 19630

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