Depreciation Concept
Year	Book Value	Depreciation Expense	Book Value
	Beginning of Year		End of Year
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Year	Book Value	Depreciation Expense	Book Value
	Beginning of Year		End of Year
1
2
3
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6
7
assume that MHS purchased two additional pieces of equipment onApril 1 (the first day of its fiscal day as follows: 1. the laboratory equipment cost $300,000 and has an expected life of 5 years . The salvage value is 5% of cost . No equipment was trade in on this purchase. 2. The radiology equipment cost $800,000 and has an expected life of 7 years . The salvage value is 10% of cost. No equipment was trail in . REQUIRED for both pieces of equipment: 1 COMPUTED THE STRAIGHT-LINE DEPRECIATION. 2.COMPUTED THE DOUBLE-DECLINING BALANCE DEPRECIATION