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Assume that a piece of equipment is purchased for $ 1 0 0 , 0 0 0 . It costs $ 5 , 0 0

Assume that a piece of equipment is purchased for $100,000. It costs $5,000 to install the equipment. We expect it to last for 5 years, and believe that we will be able to sell it for $25,000 at the end of that five year period of time. If you were using double declining balance instead of straight line depreciation, how much depreciation would there be in each year of the assets five year life?

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