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Double Declining Balance Compute the Book Value as of December 31, 2021 Cost $120,000 Useful Life 10 years Salvage Value 10,000 Double Declining Balance Depreciable
Double Declining Balance
Compute the Book Value as of December 31, 2021
Cost | $120,000 |
| Useful Life | 10 years |
Salvage Value | 10,000 |
| Double Declining Balance |
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Depreciable Base | 120,000 |
| Acquisition Date: | August. 2, 2018 |
DEPRECIATION SCHEDULE
Year |
Calculation | Depreciation Expense | Accumulated Depreciation | Book Value |
| Original Cost |
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| $120,000 |
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