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The York City Hospital has just acquired new equipment. the equipment cost $4,250,000 and the organization spent $135,000 on upgrading the physical plant where the

The York City Hospital has just acquired new equipment. the equipment cost $4,250,000 and the organization spent $135,000 on upgrading the physical plant where the new equipment will be located. the equipment is expected to have a 10 year useful life and a salvage value of 10%(that is $425,000) calculate the first five years of depreciation using double declining balance?

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