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Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $ 5 0 0 , 0 0 0 Canadian. Estimated salvage at the

Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $500,000 Canadian. Estimated salvage at the end of the expected life of 5 years is $50,000. Various acceptable depreciation methods are being studied currently. Determine the book value at the end of year 4 using the DDB method.

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