A small truck is purchased for $57,000. It is expected to be of use to the company for 6 years, after which it will be sold for $7,500. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.

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

EOY	Depreciation Deduction	Unrecovered Investment
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

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