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A small truck is purchased for $137,000. It is expected to be of use to the company for 6 years, after which it will be
A small truck is purchased for $137,000. It is expected to be of use to the company for 6 years, after which it will be sald for $15,500. Determine the depreclation deduction and the resulting unrecovered year of the asset's ife. Click here to access the TVM Factor Table Calculator Use straight-line depreciation: Depreciation Deduction EOY Unrecovered Investment s 1 3 4 5 6 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +10. Use declining balance depreciation using a rate that ensures the book value equals the salvage value: EOY Depreciation Deduction Unrecovered Investment 0 1 2 $ 3 4 5 6 Screen Shot 2019-11-21 at 2.11.59 PM Q Search Carry al interim calculations to 5 decimal places and them round your finaf answer to the nearest dolar use double dedining balance depreciation o Depreciation Deduction Unrecovered Investment 1 2 s 3 4 5 6 Carry al interim calculations to 5 decimal places and then round your final answer to the nearest doWar. The toleramce is 10 Notel Manually calcufated values of de (Depreciation Deduction) would normally be adjusted such that B, (Umrecavered Investment) does not go below the salvage value. Ignore these adjustments in this case Use double decining balance switching to straight line depreciation EOY Depredation Deduction Unrecovered Ivestment 0 2 3 4 5 6 Carry al interim calculations to 5 decimal places and then round your final answer to the nearest doiar. The toleramce is 10
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