Kenzie company purchased a 3-D printer for $345,000. Although the printer is expected to last for 10 years Kenzie knows that technology will become old quickly and so she plans to replace this printer in three years. Kenzie company will be able to sell the printer for $30,000. Using the double declining balance method what amount will be recorded as depreciation expense each year and what will the book value be at the end of each year after depreciation is recorded? Round final answers to the nearest whole dollar amount.

Kenzie Company purchased a 3-D printer for $325,000. Although this printer is expected to last for ten years, Kenzie knows the technology will become old quickly and so she plans to replace this printer in three years. Kenme Company will be able to sell the printer for 530,000 Using the double-declining balance method, what amount will be recorded as depreciation expense each year, and what will the book value beat the end of each year after depreciation is recorded? Round final answers to nearest whole dollar amount. Depreciation Book Expense Value 23,001 X Year ! Year 2 Year) Feed Check My Work The double declining balance un double the straight line rate for depreciation. The base that is used to apply that rates the book value of the asset (determined by subtracting the balance in the accumulated depreciation account from the ongi al cost of the asset)