Question: A new barcode reading device has an installed cost basis of $ 2 4 comma 7 5 0 2 4 , 7 5 0 and

A new barcode reading device has an installed cost basis of
$24 comma 75024,750
and an estimated service life of
sevenseven
years. It will have a zero salvage value at that time. The
200200%
declining balance method is used to depreciate this asset.
a. What will the depreciation charge be in year
sevenseven?
b.
What is the book value at the end of year
sixsix?
c.
What is the gain(or loss) on the disposal of the device if it is sold for
$800800
after
sixsix
years?
Question content area bottom
Part 1
a. The depreciation charge in year
sevenseven
will be
$enter your response here.
(Round to the nearest dollar.)

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