Question: A firm is trying to decide whether to keep an item of construction equipment which typically lasts for eight years. The firm is using DDB

A firm is trying to decide whether to keep an item

A firm is trying to decide whether to keep an item of construction equipment which typically lasts for eight years. The firm is using DDB for book depreciation purposes, and this is the fourth year of ownership. The item cost $245208 new. What was the depreciation in year 3

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