Question: A CNC machine costs $ 2 6 0 , 0 0 0 . A facility purchases one and plans to use it for 9 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 9 years, at which point it will have a salvage value of
$41,000. What are the depreciation allowance and book value after 6 years of use using declining balance depreciation?
Carry all interim calculations to 5 decimal places and then round your final answers to a whole number. The tolerance is +-70.
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Hint
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Calculate the depreciation percentage that will depreciate the CNC machine to its salvage value in 9 years and then determine
whether or not this percentage is permissible by the IRS.
to use it for 9 years, at which point it will have

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