A fixed asset costing $80,000 and having an estimated salvage value of $6000 has a life expectancy of 10 years. Compare the results of  Double declining, Sum of the year digits depreciation methods by filling in below columns: Sum of the year's Digits method:

A laboratory centrifuge costs $79,000 and has a $5530 salvage value with an 8-year recovery period. Use the double declining balance method with switch over to straight line to tabulate the depreciation schedule at the end of each year. Remember to not depreciate below salvage.

7. An asset has an initial cost of $80,000, a salvage value of $10,000, and a depreciation life of 8 years. a) Determine the book value for year 3 using straight-line depreciation. b) Determine the depreciation for year 3 using double declining balance depreciation. Determine the equivalent annual capital recovery_plus a return of 10% for year 3, assuming double declining balance depreciation. c)