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Please fill in the blanks in the table and answer b. A bowling alley costs $500,000 and has an estimated life of 10 years (SV10
Please fill in the blanks in the table and answer b.
A bowling alley costs $500,000 and has an estimated life of 10 years (SV10 = $20,000). a. Determine the depreciation for years one through 10 using: (i) the straight-line method; (ii) the 200% declining balance method; and (iii) the MACRS method (ADR guideline period = 10 years). A table containing some of the depreciation values is provided below. Please complete the table. EOY Straight-Line Method Declining Balance Method MACRS Method $71,450 $100,000 $80,000 1 2 3 4 5 6 7 8 9 10 $32,768 $26,214 $44,600 $44,650 $48,000 b. Compute the present worth of depreciation at EOY zero for each of the three depreciation methods. The MARR is 10% per year. SL: DB: MACRSStep by Step Solution
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