3. A distillation column is designed, purchased and installed for a cost of $2.6 million. The equipment has a depreciable life of ten (10) years with a final salvage value of $100,000 in year 10. For this equipment determine a. The book value and depreciation allowance for each year using straight-line (SLN) depreciation. b. Book values and depreciation allowances for each year using double-declining (DDB) depreciation. ...

Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
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3.
A distillation column is designed, purchased and installed for a cost of $2.6 million. The equipment
has a depreciable life of ten (10) years with a final salvage value of $100,000 in year 10.
For this equipment determine ...
a.
The book value and depreciation allowance for each year using straight-line (SLN) depreciation.
b. Book values and depreciation allowances for each year using double-declining (DDB) depreciation.
Transcribed Image Text:3. A distillation column is designed, purchased and installed for a cost of $2.6 million. The equipment has a depreciable life of ten (10) years with a final salvage value of $100,000 in year 10. For this equipment determine ... a. The book value and depreciation allowance for each year using straight-line (SLN) depreciation. b. Book values and depreciation allowances for each year using double-declining (DDB) depreciation.
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