Question: Please help, this is due at midnight Please view the following video before answering this question. Excel Video Lesson: DB Financial Function A surface mount

 Please help, this is due at midnight Please view the following

Please help, this is due at midnight

Please view the following video before answering this question. Excel Video Lesson: DB Financial Function A surface mount PCB placement/soldering line is to be installed for $2,700,000. It will have a salvage value of $70,000 after 5 years. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life. Click here to access the MACRS-GDS Table Calculator Part a Your answer is partially correct. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life using declining balance depreciation using a rate that ensures the book value equals the salvage value. EOY Depreciation Balances 0 0 2700000 1 526000 2174000 2 526000 1648000 3 526000 1122000 4 526000 596000 5 526000 70000 i Sum depreciation 2630000 i Round entry to two decimal places. The tolerance is 10

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