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Business, 03.12.2021 19:30 saraaaaa0404

Halcrow Yolles purchased equipment for new highway construction in Manitoba, Canada, costing $600,000. Estimated salvage at the end of the expected life of 5 years is $50,000. Various acceptable depreciation methods are being studied currently. Determine the book value for year 4 according to the Double Declining Balance (DDB) depreciation method.

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