Question: A CNC machine costs $240,000. A facility purchases one and plans to use it for 11 years, at which point it will have a salvage

A CNC machine costs $240,000. A facility purchases one and plans

A CNC machine costs $240,000. A facility purchases one and plans to use it for 11 years, at which point it will have a salvage value of $42,000. What are the depreciation allowance and book value after 4 years of use using declining balance depreciation? Depreciation allowance: $ Book value: 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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