Question: A surface mount PCB placement/soldering line is to be installed for $1,600,000. It will have a salvage value of $150,000 after 5 years. Determine the

A surface mount PCB placement/soldering line is to be installed for $1,600,000. It will have a salvage value of $150,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life. Click here to access the MACRS-GDS Table Calculator Parta Your answer is partially correct. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life using declining balance depreciation using double declining balance depreciation. EOY Depreciation Balance 0 1,600,000 1 $51,466.67 N $597,733.87 3 $367,008.59 4 $217,853.82 5 $133,762.25 Sum depreciation $1,449,837.94 Round entry to decimal places. The tolerance is +10. Note! Manually calculated values of dt (Depreciation Deduction) would normally be adjusted such that B (Unrecovered Investment) does not go below the salvage value. Ignore these adjustments in this case
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