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You want to determine whether to keep your construction equipment (excavator) which will last for eight years. You are using double declining balance (200%) for
You want to determine whether to keep your construction equipment (excavator) which will last for eight years. You are using double declining balance (200%) for book depreciation purposes, and this is the fourth year of ownership. The item cost $170,000 new. What was the depreciation value in year 3? O a) Between $23,800 and $24,100 Ob) Between $18,100 and $18,400 O c) Between $20,900 and $21,200 O d) Between $22,900 and $23,200 O e) None of the answers are correct Of) Between $19,500 and $19,800
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