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Engineer Jett plans to purchase a simulation equipment for his research. The equipment costs BD 5 0 , 0 0 0 and he expects it

Engineer Jett plans to purchase a simulation equipment for his research. The equipment costs BD50,000 and he expects it to last for five (5) years where he can sell it for BD5,000, there is a maintenance cost of BD 1000 during the useful life which is a one time cost. Prepare a depreciation schedule for 5 years using Sinking fund method.(calculate for Book value also with i=5%.
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