Question: Cisco Systems is purchasing a new bar code scanning device for its service center in San Francisco. The table that follows lists the relevant cost

Cisco Systems is purchasing a new bar code scanning device for its service center in San Francisco. The table that follows lists the relevant cost items for this purchase. The operating expenses for the new system are $10,000 per year, and the useful life of the system is expected to be five years. The SV for depreciation purposes is equal to 25% of the hardware cost. What is the cumulative depreciation of the device at the end of year three if the 200% DB depreciation method is used? Please answer in thousands with one decimal place Cost Item Cost Hardware Training Installation $160,000 $15,000 $15,000
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