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Alfredo Company purchased a new 3-D printer for $990,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become

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Alfredo Company purchased a new 3-D printer for $990,000. Although this printer is expected to last for ten years, Alfredo knows the technology will become old quickly, and so they plan to replace this printer in three years. At that point, Alfredo believes it will be able to sell the printer for $19,000. Calculate yearly depreciation using the double declining-balance method. Round final answers to nearest whole dollar amount. Year 1 Year 2 Year 3 cBook Sand River Sales has a fork truck used in its warehouse operations. The truck had an original useful life of five years. However, after depreciating the asset for three years, the company makes a major repair that extends the life by four years. What is the remaining useful life after the major repair? years

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