x Caddate Dashboard internship &Coop Vnx Chapter 16 Homework Savod Help Save & Exit Submit A video-recording system was purchased 3 years ago at a cost of $41,000. A 5-year recovery period and DDB (Double Declining Balance) depreciation have been used to write off the basis. The system is to be replaced this year with a trade-in value of $5,500. What is the difference between the book value and the trade-in value? The difference between the book value and the trade-in value is $ Reference links 16 3 Declining Balance (DB) and Double Declining Balance (DDB) Depreciation