A surface mount PCB placement/soldering line is to be installed for $2,300,000. It will have a salvage value of $100,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.

Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life using declining balance depreciation using double declining balance switching to straight line depreciation. EOY Balance Depreciation 2300000 920000 1380000 552000 331200 198720 828000 496800 298080 119232 178848 Sum depreciation 2121152