Question: fUse the Double - Declining - Balance Method to find the annual depreciation and book value at the end of each year for a wheel

fUse the Double-Declining-Balance Method to find the annual depreciation and book value at the end of each year for a wheel loader having an initial cost of $85,000, a salvage value of $8,000, and an expected life of 5 years. The price of a set of tyres is $5,000.

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