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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.

Use declining balance depreciation using a rate that ensures the book value equals the salvage value.

EOY

Depreciation Deduction

Book Value

0

1

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2

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3

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4

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5

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6

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7

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8

$enter a dollar amount $enter a dollar amount

9

$enter a dollar amount $enter a dollar amount

10

$enter a dollar amount $enter a dollar amount

11

$enter a dollar amount $enter a dollar amount

12

$enter a dollar amount $enter a dollar amount

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