Type of Equipment: Office furniture Purchase price = $2400 Useful life = 10 years Estimated salvage value $200 What would be the first year's depreciation if Double Declining Balance depreciation is used? (assume no conversion to straight-line is intended)

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part E ) The book value at end of 2017 based on ADD depreciations is $  ( round to the nearest dollar

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Calculate the gross value of net value is $750 and depreciation is $80

Calculate the value of depreciation of gross value is $120 million and the net value is $100 million

4. New equipment used in construction with a cost basis of $60,000 with a zero salvage value at the end of its useful life of 6 years. Use the Double Declining method to calculate the depreciation charge in year 4. $7,494 $2,633.75 $5,925.93 $10,000

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)

< A crane rental company has acquired a new heavy-duty crane for $210,000. The company calculates depreciation on this equipment on the basis of number of rentals per year, and the salvage value of the crane at the end of its 9-year life is $20,000 If the crane is rented an average of 101 days per year, what is the depreciation rate per rental? The depreciation is $ per day of rent. (Round to the nearest dollar.) E