A high-precision programmable router for shaping furniture components is purchased by Henredon for $165,000. 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. Click here to access the MACRS-GDS Table Calculator

Part a

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

EOY	Depreciation Deduction	Book Value
0
1	$enter a dollar amount	$enter a dollar amount
2	$enter a dollar amount	$enter a dollar amount
3	$enter a dollar amount	$enter a dollar amount
4	$enter a dollar amount	$enter a dollar amount
5	$enter a dollar amount	$enter a dollar amount
6	$enter a dollar amount	$enter a dollar amount
7	$enter a dollar amount	$enter a dollar amount
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

Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar.