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A high-precision programmable router for shaping furniture components is purchased by Henredon for $210,000. It is expected to last 12 years and have a salvage

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A high-precision programmable router for shaping furniture components is purchased by Henredon for $210,000. 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 declining balance depreciation using a rate that ensures the book value equals the salvage value

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