Question: A CNC machine costs $ 2 6 0 , 0 0 0 . A facility purchases one and plans to use it for 8 years,

A CNC machine costs $260,000. A facility purchases one and plans

A CNC machine costs $260,000. A facility purchases one and plans to use it for 8 years, at which point it will have a salvage value of $43,000. What are the depreciation allowance and book value after 5 years of use using declining balance depreciation?
Depreciation allowance:
Book value:
to use it for 8 years, at which point it will have

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