Question: I need the formulas to do it in excel. 2 . A company purchased a manufacturing machine 5 years ago for $ 5 0 0

I need the formulas to do it in excel.
2. A company purchased a manufacturing machine 5 years ago for $500,000. The estimated useful life was 10 years with a salvage value of $50,000. Using the double-declining balance (DDB) method, determine the book value at the end of year 5

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