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7494 263375 592593 10000 4 new equipment used in construction...

Question: 7494 263375 592593 10000 4 new equipment used in construction...

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$7,494 $2,633.75 $5,925.93 $10,000 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.

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