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needed in the next 30 mins Example: Double Declining Balance Underwater electroacoustic transducers were purchased for use in SONAR applications. The equipment will be DDB

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needed in the next 30 mins

Example: Double Declining Balance Underwater electroacoustic transducers were purchased for use in SONAR applications. The equipment will be DDB depreciated over an expected life of 12 years. There is a first cost of $25,000 and an estimated salvage of $2500. (a) Calculate the depreciation and book value for years 1 and 4. Write the spreadsheet functions to display depreciation for years 1 and 4. De = dB(1 d)1 = dBV, BV, = B(1 2 d = 2

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