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Business, 05.05.2020 06:14 lisaxo

A new barcode reading device has an installed cost basis of $24 comma 420 and an estimated service life of eleven years. It will have a zero salvage value at that time. The 200% declining balance method is used to depreciate this asset. a. What will the depreciation charge be in year eleven?b. What is the book value at the end of year ten?c. What is the gain (or loss) on the disposal of the device if it is sold for $1 comma 600 after ten years?

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