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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 $ It costs $ to install the equipment. We expect it to last for years, and believe that we will be able to sell it for $ 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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