Question: Question 2 ( 2 5 pts ) FreshLine Foods installed a set of robotic packaging arms in their distribution center to increase efficiency in sorting

Question 2(25 pts) FreshLine Foods installed a set of robotic packaging arms in their distribution center to increase efficiency in sorting and packing perishable goods. The total cost of the system was \(\$ 55,000\), and it is expected to be used for six years. At the end of year 6, the system is projected to have a salvage value of \(\$ 1,000\). Calculate the annual depreciation expenses over the life of the robotic system using each of the following book depreciation methods: a)(10 pts) Straight-line method b)(15 pts) Double-declining-balance method (if necessary with adjustment to ensure that the last book value is equal to the salvage value) Report your solutions for each method in the following format:
Question 2 ( 2 5 pts ) FreshLine Foods installed

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