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A Laboratory Centrifuge Costs $79,000 and Has a $5530 Salvage

Question 25

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A laboratory centrifuge costs $79,000 and has a $5530 salvage value with an 8- year recovery period. The estimated annual operating cost is $7000 per year. Use the double declining balance method with switch over to straight line to tabulate the depreciation schedule at the end of each year.

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