Question: A surface mount PCB placement/soldering line is to be installed for $1,800,000. It will have a salvage value of $80,000 after 5 years. Determine the
- A surface mount PCB placement/soldering line is to be installed for $1,800,000. It will have a salvage value of $80,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life.
Part a
Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life using double declining balance depreciation.
EOY | Depreciation | Balances |
0 | ||
1 | ||
2 | ||
3 | ||
4 | ||
5 | ||
Sum depreciation |
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