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Assume that at the beginning of 2 0 2 0 , Disney Cruises launches its newest ship with a construction cost of $ 6 0

Assume that at the beginning of 2020, Disney Cruises launches its newest ship with a construction cost of $600,000,000 on its maiden voyage. Disney Cruises expects the ship to remain useful for 10 years and to have a residual value of $80,000,000.
Required:
Compute Disney Cruises' fifth-year depreciation on the ship using the double diminishing balance method.

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