Question: The number in brackets behind the problem number is the number of points allocated to that problem. For the following problems, consider an investment and

The number in brackets behind the problem number is the number of points allocated to that problem.

For the following problems, consider an investment and start-up of new factory equipment with the following parameters:

Capital Cost: 375,000

Freight and Installation Cost: 25,000

Salvage: 5,000

MACRS Life: 7 years

Asset Life for non-MACRS use: 8 years

4. [25] Develop a depreciation schedule with book value for double declining balance depreciation switching to straight line. Convert this schedule to a half year convention.

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