Question: Mega Tech Systems in Cookeville bought high tech equipment for $50,000 to meet the needs of recent government contract. The accounting department would like to

Mega Tech Systems in Cookeville bought high tech equipment for $50,000 to meet the needs of recent government contract. The accounting department would like to have this equipment depreciated using the DDB depreciation method. The life is estimated to be 12 years and the salvage value is anticipated to be $4,000. Compute the depreciation charges in Year 4 and the book value at the end of Year 12

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