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Proctor and Wamble purchased some research and development equipment for $200,000. The interest rate is 5% and salvage value
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Answer #1

Sol :

Value of depreciation =

( Cost - Salvage value)/ estimated life.

($2000,000 - $20000)/10

= $198000

Since , in this case straight line methods is used , so , value of depreciation will be the same at all years . So, at 3 year of depreciation , value will be the same , ($198000)

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