A surface mount placement machine is being purchased for
$1631000; it has an estimated useful life of 8 years and a salvage
value of $63800 at that time. Determine the depreciation allowance
for the 5th year and the book value at the end of the 5th year
using Declining Balance where the depreciation rate is determined
by the salvage value and time in service.
what is the depreciation rate? %
d5 = $
B5 = $
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