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Problem 1 An equipment at MNS Systems costing $600,000 was depreciated using the double declining balance (DDB) method. In year four, the company decided switch

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Problem 1 An equipment at MNS Systems costing $600,000 was depreciated using the double declining balance (DDB) method. In year four, the company decided switch to the straight-line depreciation method. Determine the depreciation charges in year 4. Assume a depreciable life of 10 years, and a salvage value of $100,000.- A. $32,000 B. $50,000 C. $36,667 D. $40,000

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