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Compute the depreciation and book value each year of a machine that costs your company $175,000 to purchase with a $10,000 installation fee. The

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Compute the depreciation and book value each year of a machine that costs your company $175,000 to purchase with a $10,000 installation fee. The life of the machine is seven (7) years. and at the end of the seven years you get a salvage value of $8,500 for it. Use the DDB method (multiplier =2) switching to straight line depreciation when appropriate. N Straight Line (SL) Double Declining Balance (DDB) Book Value Depreciation 1 D1= 2 D2= 3 D3= 4 D4= 567 D5= D6= D7=

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