Question: A small microprocessor costing $12,000 is to be depreciated using 150% declining balance depreciation over the next 4 years. The microprocessor will have no value

A small microprocessor costing $12,000 is to be depreciated using 150% declining balance depreciation over the next 4 years. The microprocessor will have no value after 4 years. Determine the depreciation schedule. What is the book value at the end of the 4 years?

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