QUESTION $1(40$ Points$)$

Acme Inc. purchased a metal $3$D printer with a cost basis of $$250,000,$ which is expected to last ten

years. There will be no market value. The $200\%$ declining balance method is used to depreciate this

asset. $($Provide a statement describing each answer$).$

a$.$ What will the depreciation charge be in year six?

b$.$ What will be the book value at the end of year four?

c$.$ What will be the capital gain $($or loss$)$ on the disposal of the asset if it is sold for $$110,000$ after four

years?