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B/ The original value of a piece of equipment is $24,000, completely installed and ready for use. Its salvage value is estimated to be $4000

B/ The original value of a piece of equipment is $24,000, completely installed and ready for use. Its salvage value is estimated to be $4000 at the end of a service life estimated to be 10 years. Determine the asset (or book) value of the equipment at the end of 5 years using Double declining-balance. Please, professor solve the question on paper so that I can understand please

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