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Depreciation deduction and resulting unrecovered investment

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Reference no: EM132652900

A surface mount PCB placement/soldering line is to be installed for $2,200,000. It will have a salvage value of $130,000 after 5 years.

Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life using declining balance depreciation using a rate that ensures the book value equals the salvage value.

Reference no: EM132652900

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