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A boat is purchased for 1,000,000. It will be used for 20 years. At that time...

A boat is purchased for 1,000,000. It will be used for 20 years. At that time its salvage value will be 300,000. Calculate its depreciation allowance for each year, and its "book value" Bt, for each year for ten years using VDB. Explicitly show DDB and when (Bt-1 - F)/n-(t-1)>pBt-1 (if happens within time frame).

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