Question: Help me with my engineering economics problem A draw bench for precision forming and strengthening of carbon steel tubing has a cost of $1,140,000. It

Help me with my engineering economics problem

A draw bench for precision forming and strengthening of carbon steel tubing

A draw bench for precision forming and strengthening of carbon steel tubing has a cost of $1,140,000. It will have a salvage value of $82,000 after a useful life of 10 years. Part a - Your answer is partially correct. Using the formulas, determine the depreciation charge for year 6 and the book value at the end of year 6 if straight-line depreciation is used. Depreciation charge: Book value: A +A 634800 505200 Carry all interim calculations to 5 decimal places and then round your final answers to a whole number. The tolerance is 1.

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