What is depreciation for each year for the life of project

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Question - The property, plant and equipment would be deprecated over its useful life of eight years using a tax-allowable straight-line rate of 12%. The project will continue for only 6 years. New PPE cost $70,000,000 and installation $3,500,000. Salvage price of 9,000,000. What is the depreciation for each year for the life of the project?

Reference no: EM133100976

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