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A metal fabrication machine can be purchased and installed for $60000 is expected to be kept in service for 20 years. The salvage value of

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed A metal fabrication machine can be purchased and installed for $60000 is expected to be kept in service for 20 years. The salvage value of the machine is estimated to be $15000. If using the classical 150% DB with a switchover to SL method to depreciate the asset, please answer the following questions. a) How many years can this asset be depreciated (the value of N used in depreciation calculation)? b) What would be the beginning-year BV for year 3 ? c) In the DB with switchover to SL table, what would be the depreciation amount in year 3 if using the 150% DB method in year 3 ? d) In the DB with switchover to SL table, what would be the depreciation amount in year 3 if using the SL method in year 3 ? e) What is the chosen final depreciation value for year 3

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