Question: Current Attempt in Progress Harrison, a facilities manager, would like to purchase a new commercial water filtration system for a building he manages. He estimates

Current Attempt in Progress
Harrison, a facilities manager, would like to purchase a new commercial water filtration system for a building he manages. He estimates this would cost \(\$ 10,000\) and would have a salvage value of \(\$ 700\) after 6 years of use. Using straight-line depreciation, what would be the depreciation allowance and book value after 5 years of use?
Depreciation
allowance:
Book value:
Carry all interim calculations to 5 decimal places and then round your final answers to 2 decimal places. The tolerance is \(\pm 3.00\). Also I got the answer 7750.00 for the depreciation allowance and it said it was wrong. I got 2250.00 for the book value and that was correct. I only need depreciation allowance please, thank you!
Current Attempt in Progress Harrison, a

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