question 1

XYZ company has a machine that cost

$450,000

it has an estimated residual value of

$50,000

and has an estimated useful life of

4

years.

The company uses double-declining-balance depreciation.

Calculate the book value at the end of Year 1 question 2

XYZ company has a machine that cost

$120,000

it has an estimated residual value of

$4,500

and has an estimated useful life of

4

years.

The company uses double-declining-balance depreciation.

Calculate the book value at the end of Year 2

XYZ company has a machine that cost $450,000 it has an estimated residual value of $50.000 and has an estimated useful life of 4 years. The company uses double-declining-balance depreciation. Calculate the book value at the end of Year 1 XYZ company has a machine that cost $120.000 it has an estimated residual value of $4,500 and has an estimated useful life of 4 years. The company uses double-declining-balance depreciation. Calculate the book value at the end of Year 2